Which of the following provisions helps the insurer avoid litigation about who is entitled to policy benefits, and protects the insurer from paying twice?

Question

Quizplus · Accepted Answer

Assignment allows the policy owner to transfer the ownership rights of the policy to another party, which can help avoid disputes over who is entitled to the benefits and protect the insurer from the risk of paying the benefits twice to different claimants.

Which of the Following Provisions Helps the Insurer Avoid Litigation