Once an absolute assignment is effected under a life insurance policy, who will be the titleholder(s) of this policy?

Once an absolute assignment is effected under a life insurance policy, who will be the titleholder(s) of this policy? Correct Answer The assignee in all cases

Once an absolute assignment is effected under a life insurance policy, The assignee in all cases will be the titleholder(s) of this policy. Transfer by the holder of a life insurance policy (the assignor) of the benefits or proceeds of the policy to a lender (the assignee), as a collateral for a loan.
Bissoy MCQ

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