If a Named Beneficiary Does Not Survive an Insured, the Death

question 75

True/False

If a named beneficiary does not survive an insured, the death benefits of the policy revert to the insurance company.

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Definitions:

Pastoralists

Individuals or groups who raise and tend livestock as their primary means of livelihood, often involving nomadic or semi-nomadic herding practices.

Agricultural Groups

Communities or societies whose primary mode of subsistence is based on crop farming and livestock raising.

Division of Labor

the allocation of different tasks and roles to different individuals or groups in a society, often based on factors such as skill, age, or gender.

Centralized Political Organization

A governmental structure where power and decision-making processes are concentrated in a central location or authority.