(a) Assignment of a policy can be effected simply and a perfect title easily obtained.
(b) Policies of the type accepted as security have an increasing value provided the
premiums are duly paid.
(c) The security can be realized immediately the assignor defaults.
(d) The policy moneys fall due immediately the assured dies(or at earlier maturity)
NatalieR answered the question on April 4, 2022 at 05:41
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