Feta Is a Partner in the Software Design Firm GR8

Multiple Choice

Feta is a partner in the software design firm GR8 Games, Inc., which ob?tains key-person in?surance on Feta's life in the amount of $1 million from Halo Insurance Company. Feta quits GR8 Games to join Icy Applications, Inc. Feta dies. Halo must pay the $1 million to

A) Feta's spouse Jo because she had an insurable interest in Feta's life.
B) GR8 Games because it had an in?sur?able interest in Feta's life when it ob?tained the policy.
C) Icy Applications because it had an in?sur?able interest in Feta's life when he died.
D) no one because Feta was not working for GR8 Games when he died.