Cause of a possible loss; for example: fire, theft, or hail.
Cause of a possible loss; for example: fire, theft, or hail.
Various rights that may be exercised under the policy contract by the policy owner. Some of the incidents of ownership would be: (1) the right to cash in the policy, (2) to receive a loan on the cash value of the policy, and (3) to change the beneficiary.
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