Insurance policies can get confusing quick when they start throwing around terms that everyday people don't even use. Even knowing who is involved in a life insurance policy needs a dictionary to figure out. With insurance companies throwing around terms like assignee or insured so much, how exactly are you supposed to know who is even involved in your policy? In this article, we are going to breakdown each of the parties involved in a life insurance policy and shed some light on each of their roles and responsibilities!