The Person Who Receives the Proceeds from an Insurance Policy

question 14

Multiple Choice

The person who receives the proceeds from an insurance policy is the

• A)owner.
• B)testator.
• C)insurer.
• D)beneficiary.

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Definitions:

Mental Image

A representation of sensory information or experiences in one's mind, which does not currently exist in the physical world.

Algorithmic

Pertaining to or using a step-by-step procedure or formula for solving a problem or completing a task.

Heuristic

A mental shortcut that allows people to solve problems and make judgments quickly and efficiently, often based on past experiences.

Multitasking

The act of performing multiple tasks simultaneously or switching rapidly between tasks.