The individual designated by the owner of the life insurance policy to receive the policy's proceeds upon the death of the insured is called the
A) policy holder.
B) beneficiary.
C) insured.
D) actuary.
Answer: B
You might also like to view...
Answer the following statements true (T) or false (F)
1. When a company collects the face value of a bond investment at maturity, total assets increase. 2. If a held-to-maturity debt security is purchased at a discount, the discount must be amortized when the interest revenue is earned. 3. When a company uses excess cash to invest in equity securities with less than 20% ownership, its total equity will increase. 4. Equity securities, in which the investor lacks the ability to participate in the decisions of the investee company, are initially accounted for at the lower-of-cost-or-market value.
A labor-management partnership is a formal initiative in which workers and unions:
A. participate in daily work-related decisions B. participate in decisions making beyond the daily work-related decisions C. take primary responsibility for traditional management decisions D. negotiate a collective bargaining agreement with the employer
The weight of a loaf of bread is normally distributed with a mean of 22 oz and a standard deviation of 0.5 oz. What is the probability that a loaf is more than 24 oz?
What will be an ideal response?
Briefly describe the three lessons that the past has taught about how to use IT strategically, according to Brown and Hagel
What will be an ideal response?