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Who owns a life insurance policy?

Updated: 9/13/2023
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14y ago

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the person who purchases it.

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14y ago
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Q: Who owns a life insurance policy?
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How do you research an insurance policy with southland life insurance co?

Contact Southland Life Insurance Co directly through their customer service line or website to request information about the policy. Provide the policy number and any other relevant details to expedite the process. Additionally, review any paperwork or documents you have from when you initially acquired the policy for more insights.


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For gift tax purposes, advisors regularly recommend that an insured who owns a policy in his own name transfer the policy to a new irrevocable life insurance trust (ILIT) to remove the policy from the insured's gross estate.


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What is portable life insurance?

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What policies are offered by General American Life Insurance?

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If your ex-husband got term life insurance on you when you were married and was awarded the policy at the divorce can you have the benificiary changed without telling him if he pays on it?

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Can the executor get the amount of the life insurance policy?

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