Answer:
Question 1. A
Question 2. D
Question 3. B
Step-by-step explanation:
Number 1 is A because, primary beneficiary: The primary beneficiary is the person (or persons) who will receive the proceeds of the life insurance policy when the insured person dies. However, the primary beneficiary will not receive any proceeds if he or she dies before the death of the named insured.
Question 2 is D because, After when someone dies, the beneficiary of the life insurance policy will require to make a death claim to receive the insurance amount.
When you have a term life insurance policy, the value or the death benefit, it will not have any impact on the benefits you receive.
Life insurance is one of the type of insurance, or risk protection, that gives payment to a nominated beneficiary after the policyholder's death.
Term life insurance pays advantages to those who named beneficiaries when the policy holder dies during the time of the policy.
.When a person dies, the insurance company investigates and then claim and then pays out to the death benefit.
Best of luck!!
