Which is not a right of ownership in a life insurance policy? Receive dividends Change settlement...

Which is not a right of ownership in a life insurance policy?

Receive dividends

Change settlement options

Change irrevocable beneficiaries at will

Borrow against the policy

Solutions

Expert Solution

B. Change settlement options.

Settlement options are not changeable after an option is selceted.

Where as,

The dividend options can be changed.

Irrevocable beneficiaries can be changed.

Borrowings can be made against a policy.

jeff jeffy answered 1 year ago

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