Which of the Following Is True About the Parties to an Insurance

question 66

Multiple Choice

Which of the following is true about the parties to an insurance policy?

• A) The insured and the owner can be the same person.
• B) The owner and beneficiary can be the same person.
• C) The insurer and the insured can be the same person.
• D) The beneficiary cannot be changed during the period that the policy is in effect.
• E) Both A and B.

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Definitions:

European American Women

Females of European descent living in the United States, including those with heritage from any European country.

African American Women

Refers to women of African descent living in the United States, highlighting a group with unique cultural, social, and health-related experiences.

Environmental Tobacco Smoke

Also known as secondhand smoke, it refers to the mixture of smoke from the burning end of a cigarette and the smoke exhaled by smokers, which can pose health risks to non-smokers.

Passive Smoking

The exposure of nonsmokers to the smoke of spouses, parents, or coworkers; environmental tobacco smoke.