A solar array consists of one or many such panels. A photovoltaic array, or solar array, is a linked collection of solar panels. The power that one module can produce is seldom enough to meet requirements of a home or a business, so the modules are linked together to form an array.
The policy owner is the contract owner and is, in many cases, also the life insured. The policy owner has most of the rights in the contract such as the right to designate a named beneficiary and make changes to that designation at any time.
Life Insurance. Most of the time, this agreement is facilitated by purchasing life insurance on each owner of the business. The beneficiaries of each life insurance policy will be the remaining owners in the company. Whenever one owner dies, the life insurance will pay a certain amount of money to the remaining owners.