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 proceeds from a policy on your life are potentially includable in your taxable estate if you own the policy outright, you have any incidents of ownership in the policy at the time of your death, or you transfer ownership of the policy within three years of your death.