Who can be named as policyowner?
The owner of a policy can be: • The Insured • A relative (spouse, parent, child*) • Individual not related to Insured (“no relation”) • An “established” Trust (You must provide the name of the Trust and trustee(s) and the date of the trust) • A Corporation such as a business or funeral home (You must provide the Federal Identification Number) Note: In certain circumstances, multiple or contingent owners may be designated. Consult with a representative of our call center for more details. 1-800-694-7254, Monday – Friday 8:00 A.M through 6:00 P.M. (ET). * IT IS NOT RECOMMENDED TO DESIGNATE A “MINOR” (UNDER AGE 18 YEARS) AS A POLICYOWNER. IF A MINOR OWNS A POLICY, NO CHANGES CAN BE MADE TO THE POLICY UNTIL THAT CHILD ATTAINS LEGAL AGE (18 YEARS). Note: When contacting our call center, you will be requested to provide positive verbal identification as a policyowner. Our mailing address is: SBLI P. O.
