Various rights a policy owner may exercise under the policy contract. Some of the incidents of ownership would be the rights to (1) cash in the policy, (2) receive a loan on the cash value of the policy, and (3) change the beneficiary.
Various rights a policy owner may exercise under the policy contract. Some of the incidents of ownership would be the rights to (1) cash in the policy, (2) receive a loan on the cash value of the policy, and (3) change the beneficiary.
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