If a Named Beneficiary Does Not Survive an Insured,the Proceeds

question 87

True/False

If a named beneficiary does not survive an insured,the proceeds of the policy revert to the insurance company.

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Definitions:

Trade

The exchange of goods and services between parties, which can occur within a country or internationally, driven by the principle of comparative advantage.

1960s

A decade known for significant cultural, political, and socio-economic changes worldwide.

1970s

A decade from 1970 to 1979 characterized by significant political, social, and economic changes worldwide.

1980s

A decade characterized by major geopolitical changes, advancements in technology, and notable cultural developments.