Mississippi Life and Health Insurance

Mississippi Life and Health Insurance 276 Questions with verified Answers Graded A+ Absolute assignment - Correct Answer -Policy assignment under which the assignee (person to whom the policy is assigned) receives full control over the policy and also full rights to its benefits. Generally, when a policy is assigned to secure a debt, the owner retains all rights in the policy in excess of the debt, even though the assignment is absolute in form. (See assignment) Accelerated benefits r...