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Life Insurance FAQs - Ownership


What is a policy owner?

The policy owner is the person that has all the contractual rights to the policy. They authorize any changes to the policy and receive values associated with the policy, such as dividends.

How can I change the ownership of my life insurance policy?

Complete the Transfer of Ownership section of a Policy Change Request Form and mail the completed and signed form to us at the address at the top of the form. The new owner is also required to sign the form.

If the current owner is deceased, a copy of the death certificate must accompany the request form.

If the insured is over the age of 15 and is not going to be the new owner, they are required to authorize the change. The new owner must have an insurable interest in the life of the insured.

We will send confirmation of the ownership change to both the old and new owner at their address of record.


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© Vantis Life Insurance Company, Windsor, CT. All rights reserved.
Vantis, Vantis Life, A better life experience, The Savings Bank Life Insurance Company, and SBLI are registered trademarks of Vantis Life Insurance Company.

Savings Bank Life Insurance (SBLI) products are available to Connecticut residents only.

Life insurance and annuities issued by Vantis Life Insurance Company, Windsor, CT (all states except NY) and by Vantis Life Insurance Company of New York, Brewster, NY (NY only). Products not available in all states and state variations may apply.