An Assignment of an Insurance Policy Cannot Be Prohibited

question 15

True/False

An assignment of an insurance policy cannot be prohibited.

---

Definitions:

Suburbanization

The process of population movement from within cities to the outskirts, creating residential and sometimes business developments.

Recessions

Periods where an economy experiences negative growth for two consecutive quarters, marked by decreased spending and increased unemployment.

Prefabricated Homes

Houses that are manufactured off-site in advance, usually in standard sections that can be easily shipped and assembled.

William Levitt

An American real estate developer known for popularizing the modern American suburb through the mass production of affordable housing.