Can The Owner Of A Life Insurance Policy Be Changed? 
The owner of a life insurance policy can be changed . The current owner would contact the agent or the insurance company directly to obtain a form to make the change . In some cases the change may be a taxable transfer or gift of the policy from the current owner to the new owner . You would need to check with a life insurance professional and tax adviser to see if what you are planning to do might have unintended consequences . 