One Should Typically Name Both Primary and Contingent Beneficiaries for Life

question 40

True/False

One should typically name both primary and contingent beneficiaries for life insurance policies.

---

Definitions:

Transvestic Disorder

Paraphilic disorder in which a heterosexual man dresses in women’s clothing as his primary means of becoming sexually aroused.

Cross-dressing

The act of wearing clothing traditionally associated with the opposite gender, often for expression, performance, or personal comfort.

Exhibitionistic Disorder

A mental condition characterized by a compelling urge to expose one’s genitals to an unsuspecting stranger.

Exhibitionists

Individuals who experience a compulsion to expose their genitals to an unsuspecting person as a means of seeking sexual pleasure.