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sweet-ann [11.9K]
3 years ago
11

Provision that authorizes payment to anyone fairly entitled to insurance proceeds only one to the insurance proceeds by reason o

f having incurred expenses
Law
1 answer:
ad-work [718]3 years ago
5 0

Provision that authorizes payment to anyone who is fairly entitled to the insurance proceeds because of having incurred expenses on behalf of the insured for medical treatment and/or burial

Answer:

Facility of Payment Clause

Explanation:

Facility of Payment Clause was formulated to prevent the need to nominate any of the administrator, executor, or guardian to obtain the insurance benefits, and then immediately fasten the settlement of disputes among rival claimants without the unnecessarily wasting time and going through litigation.

Hence, in this case, the right answer is Facility of Payment Clause

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