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What is a life insurance policy owner right of recession

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Reference no: EM132861130

What is a life insurance policy owner's right of recession?

1. The right to assign the policy to a third party who does not have an insurable interest in the life insured

2. The right to return the policy and receive a full refund of premiums

3. The right to increase the face value without a medical

Reference no: EM132861130

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