Multiple Choice
The one named in the policy to receive the insurance proceeds in case of the death of the one taking out the policy is the:
A) Insured
B) Insurer
C) Beneficiary
D) Both insured and beneficiary
E) None of these
Correct Answer:

Verified
Correct Answer:
Verified
Q21: Reduced paid-up insurance means the policy continues
Q22: The property of Vin's Garage is worth
Q23: Calculate cost and refund (use table
Q24: Matt Clark, age 27, decided to take
Q25: The short rate cancellation table is used
Q27: Match the following terms with their definitions.<br>-Comprehensive<br>A)Continual
Q28: Match the following terms with their definitions.<br>-Paid-up
Q29: The insurance required to meet coinsurance is:<br>A)80%
Q30: Match the following terms with their definitions.<br>-Insurer<br>A)Continual
Q31: Find the following:<br> <span class="ql-formula"