Multiple Choice
Under the Uniform Simultaneous Death Act, when an insured and a beneficiary in a life insurance policy die simultaneously, the proceeds are payable
A) as if the beneficiary had survived the insured.
B) as if the insured had survived the beneficiary.
C) by distributing half to each.
D) None of the answers is correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: When property is transferred by will or
Q19: The court that has jurisdiction to administer
Q20: Many states have a separate probate court.
Q21: Under the UTMA, the balance of the
Q22: Under the Uniform Simultaneous Death Act, when
Q24: Federal courts have jurisdiction to probate wills
Q25: Under the 1987 version of the UAGA,
Q26: A donor may revoke the offer of
Q27: Under the UTMA, any kind of property,
Q28: Under the 1987 UAGA, the donees of