Suppose a policyholder transfers the ownership of their whole life insurance policy an assignee. Which of the following best describes this transaction? A$.$ A change in ownership may result in taxable gains for the assignor. B$.$ This type of transfer of ownership is called a collateral assignment. C$.$ Assigning a policy is prohibited unless it is transferred to a protected class family member. D$.$ This policy has a cash value; therefore $,$ the cash value remains with the assignor.