Life Insurance Exam: Assignment Clause & Ownership Transfer Explained!
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Life Insurance Exam: Assignment Clause & Ownership Transfer Explained!
📝 Insurance Exam Prep: The Assignment Clause lets a policyowner transfer ownership rights—either temporarily (collateral assignment) or permanently (absolute assignment). 💡 This is a common exam question—make sure you can spot the difference on test day! #insuranceexam #lifeinsurance #lifeinsuranceexamprep #lifeandhealthexam
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