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.
Depending on the ownership type, the policy owner can be owner by either the insured or the beneficiary. 1  The policy owner. The policy owner has full and total control and can cancel or change the policy. 2  The life insured. This the person who's life is insured against them passing away. 3  The beneficiary.