人寿保单条款第 428 / 716 题
An 'absolute assignment' of a life insurance policy:
a.Permanently transfers all ownership rights in the policy to another party
b.Transfers only the policy's cash value to the assignee, leaving ownership unchanged
c.Is only temporary and expires after one year
d.Applies solely to the policy's dividends
解析
An absolute assignment is a complete and permanent transfer of all ownership rights in the policy to a new owner (assignee), such as in a gift or sale of the policy. It is not temporary and does not apply only to dividends. It transfers ownership itself, not merely the cash value. By contrast, a collateral assignment is a partial, temporary transfer of certain rights (usually to a lender as security for a loan). The word 'absolute' signals a full ownership change.
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审核人 John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — 核实)