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.
Contingent Owner. Whenever a life insurance policy is purchased by an individual that covers the life of someone else, the person or group that purchased the policy is known as the primary owner. The primary owner is going to stand to collect money when the insured passes away.