The assignment clause of a life insurance policy provides which one of the following?

The assignment clause of a life insurance policy provides which one of the following?





A. Ownership rights in the policy can be transferred to another party.


B. Dividends are assigned in accordance with the option selected.


C. If the policyowner and the insured are not the same person, policy rights are assigned to the insured.


D. The order of beneficiaries is assigned by a formula.



Answer: A

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