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INSTRUCTIONS: Choose the Word or Phrase in [ ] Which

Question 107

Multiple Choice

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-If neither the primary nor secondary beneficiary survives the insured,the life insurance proceeds will be [kept by the insurance company | paid to the state in which the insured lived | paid to the estate of the insured and are distributed by the probate court].


A) for the first item
B) for the second item
C) if neither item will correctly complete the statement.

Correct Answer:

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