What Does Life Insurance Trust Mean?
What does Life Insurance Trust mean? Read on to discover the definition & meaning of the term Life Insurance Trust - to help you better understand the language used in insurance policies.
Life Insurance Trust
A life insurance trust is a program that transfers the ownership and management of a policy to another person or entity for the purpose of properly distributing the money that will eventually be paid out by the policy.
We hope the you have a better understanding of the meaning of Life Insurance Trust.
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