Third-Party Ownership Explained — When Someone Else Owns YOUR Life Insurance
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YouTubeInsurance Exam Prep by JustInsurance
Third-Party Ownership Explained — When Someone Else Owns YOUR Life Insurance
The person whose life is insured doesn't have to be the same person who owns the policy — and that simple distinction opens up powerful planning strategies most people never explore 💡 A parent owns a policy on their child. A business owns a policy on a key employee. A spouse owns a policy on the other spouse for estate planning. In every ...
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