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.

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Definitions:

Chronological Age

The exact age of a person or thing, measured in years from the date of birth or inception to the current date.

IQ

A measure of a person's intellectual abilities as compared to the average population, typically assessed through standardized tests.

Government Employees

Individuals who work in various capacities for local, state, or national government organizations, often subject to specific employment criteria and benefits.

Stimulus Word

A word used to provoke a response in an experimental setting, often to assess associations, reactions, or cognitive processes.