Form filed with IRS to report individual income.

Re-assignment of beneficiary and owner

Death benefits paid to a policy owner using strict guidelines dictated by an insurance carrier as an advance, usually restricted to those with less than 12 months left to live

Additional benefits paid to policy owner for death by accident only

The total amount of cash built up in an insurance policy (the investment portion of the policy) that is available to the policy owner before taking into account any surrender charge (also known as Acc [..]

Company or individual who provides specialized advice, e.g., tax advisor, legal advisor, financial advisor

Transfer of ownership – can be as a gift, for a value, or for nothing.

 “see Medical Records” 

Funds the insurance company pays to a policy beneficiary upon death of the insured (or insureds if a survivorship policy)

The individual or company named on a policy to which the insurance company will forward benefits upon death of insured