When the Beneficiary of an Insurance Policy Dies Simultaneously with the Insured

question 16

True/False

When the beneficiary of an insurance policy dies simultaneously with the insured, the proceeds of the policy are payable as if the insured had survived the beneficiary.

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Definitions:

Business Communication

The sharing of information between people within an organization and with those outside it, encompassing various modes and purposes.

Communication Opportunities

Situations or platforms that allow for the exchange of information between individuals or groups.

Diversity

The inclusion of individuals from various backgrounds, cultures, and perspectives.

Businesses

Organizations engaged in commercial, industrial, or professional activities with the purpose of earning profit.