Some of the rights policy ownership conveys include:

The right to make inquiries regarding policy values and other financial information

The right to name or change a beneficiary

The right to borrow against the cash value

The right to transfer ownership rights

The right to surrender the policy

Life insurance may be one of the most important purchases you’ll ever make.

It is important to understand what it means to be a policy owner. This is a decision that should not be taken lightly.
The owner of the life insurance policy will have exclusive rights to make changes or updates to the policy.
In addition, the owner is the only person allowed to receive personal or financial information regarding the policy.

  Ownership form

  There may be a time when your policy owner information is outdated and the wrong person is listed. 
  It is very important to keep ownership information current.

  Update Ownership