question 11 of 85\nwhich of the following has the right to change a settlement option in a life insurance…

question 11 of 85\nwhich of the following has the right to change a settlement option in a life insurance policy?\na. a beneficiary at any time\nb. the policyowner at any time during the life of the insured\nc. the insured\nd. a beneficiary after the policyowner’s death

question 11 of 85\nwhich of the following has the right to change a settlement option in a life insurance policy?\na. a beneficiary at any time\nb. the policyowner at any time during the life of the insured\nc. the insured\nd. a beneficiary after the policyowner’s death

Answer

Brief Explanations:

The policyowner has the rights and control over many aspects of a life - insurance policy, including the ability to change settlement options during the life of the insured. Beneficiaries generally do not have this right, and the insured is not the one with the authority to change settlement options in most cases.

Answer:

B. The policyowner at any time during the life of the insured