Question

Who is typically entitled to receive the benefits as the beneficiary?

a.

The insurer

b.

The policyholder

c.

The nominee named in the insurance contract

d.

The legal heirs

Answer: (c).The nominee named in the insurance contract Explanation:The beneficiary entitled to receive the benefits is typically the person nominated by the policyholder in the insurance contract. If there is a dispute, the legal heirs may be entitled to receive the benefits.

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Q. Who is typically entitled to receive the benefits as the beneficiary?

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