Examlex
Insurance planning is not designed to protect your wealth in which of the following ways?
Assignment
The conveyance of entitlements, properties, or liabilities from one party to a different one.
Delegation
The act of assigning responsibility or authority from one person to another.
Donee Beneficiary
A third party who benefits from a contract made between two other parties, specifically where the intent is to gift a benefit or rights under the contract to the third party.
Promisee
The person to whom a promise is made or a commitment is given.
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