Can The Owner Of A Life Insurance Policy Be The Beneficiary? 
Yes , the Owner of a life insurance policy can be the Beneficiary . Often , the reason someone chooses to own a policy on someone else is to mitigate the financial loss they would incur if the insured person would pass away . The Owner naming themselves as Beneficiary is the avenue by which they receive the life insurance proceeds and accomplish the purpose of the policy , if death of the Insured indeed occurs while the policy is in force . 