This Insurance Glossary of Terms is produced and maintained by the National Alliance Research Academy. 
If you have a comment, suggestion or question please contact us at

Incidents of Ownership

Various rights a policy owner may exercise under the policy contract. Some of the incidents of ownership would be the rights to (1) cash in the policy, (2) receive a loan on the cash value of the policy, and (3) change the beneficiary.

Do you need an answer immediately?

Check out our FAQ page!