When a Primary Beneficiary Dies Before the Insured,proceeds Are Payable

question 62

Multiple Choice

When a primary beneficiary dies before the insured,proceeds are payable to

• A)the state
• B)the probate court
• C)the insured's estate
• D)the contingent beneficiary or beneficiaries
• E)the insurance company keeps the proceeds

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Definitions:

Standard Normal Distribution

A normal distribution with a mean of zero and a standard deviation of one, used in statistical analysis.

Normal Distribution

A continuous probability distribution that is symmetric around its mean, indicating that data near the mean are more frequent in occurrence than data far from the mean.

Negative Value

A number that is less than zero, representing a deficit or loss in various contexts.

z

A statistical measure that represents the number of standard deviations an element is from the mean of its population.