A Beneficiary Is a Person Who

question 137

Multiple Choice

A beneficiary is a person who:

• A) acts as a trustee of your insurance policy.
• B) is a guardian of your children.
• C) acts on your behalf.
• D) is designated to receive life insurance proceeds.
• E) acts as an agent handling your insurance policy.

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Definitions:

Increases Dramatically

A significant and rapid rise or growth in quantity, level, or rate.

Cognitive Development

The construction of thought processes, including remembering, problem solving, and decision-making, from childhood through adulthood.

Jean Piaget

A Swiss psychologist known for his pioneering work in the development of child psychology, particularly in his theories of cognitive development and epistemological view called "genetic epistemology."

Theory

A systematically organized set of concepts, explanations, and propositions that explain or predict events or situations by specifying relations among variables.