I have a client with a keyman life policy purchased 3 years ago before I became her agent. Actually, there are 2 policies in place. Julie is the owner & beneficiary of a policy on Holly and Holly is the owner & beneficiary of a policy on Julie. Holly has since retired and wants to take the policy with her. Hancock is the carrier. Hancock has told them the ownership of the policy cannot be reassigned, they will have to apply for new policies. Sounds like a crock to me, and I am certainly willing to write the new policies, albeit at a higher premium. Just trying to do them a favor and save them a few bucks. Any idea why JHL will not let them change ownership? JHL has agreed to let them make a bene change, just not the ownership.