Who Should Be The Owner Of A Life Insurance Policy? 
Who should be the owner of a life insurance policy ? It 's going to depend on the situation and the need . Most people could and should be the owners of their own policies . There are sitautions where the spouse should own the policy . One thing to remember is the `` owner '' makes all the policy decisions on the policy . The insured is just the insured . The other situation where ownership is important is when estate taxes are the issue , then an insurance trust may be the best solution . 