Explore the legal process of selling and performing life insurance and annuity contracts. Module 4 describes the sale and ownership of life insurance and annuity products, the rights available to a policyowner or contract holder, and provisions available to product owners. In addition, we explore the rights inherent to a contract, and how those rights can transfer to a third party. Finally, you’ll learn about contested life insurance policies, the remedies available to the parties to a life insurance policy, and the process of performing life insurance and annuity contracts.
Chapter 10: Sale of Life Insurance and Annuity Products
Chapter 11: Ownership of Life Insurance and Annuity Products
Description:
Explore the legal process of selling and performing life insurance and annuity contracts. Module 4 describes the sale and ownership of life insurance and annuity products, the rights available to a policyowner or contract holder, and provisions available to product owners. In addition, we explore the rights inherent to a contract, and how those rights can transfer to a third party. Finally, you’ll learn about contested life insurance policies, the remedies available to the parties to a life insurance policy, and the process of performing life insurance and annuity contracts.