Question

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Explanation:

1. When no named beneficiary is alive upon the insured's death, life insurance proceeds default to the insured's estate to be distributed according to probate rules.
2. The exclusions clause in an insurance policy explicitly outlines scenarios where the insurer will not provide coverage.
3. A revocable beneficiary designation allows the policyowner to make changes to the beneficiary at their discretion, without needing approval or meeting specific timing conditions.

Answer:

1. The insureds estate
2. Exclusions clause
3. At any time