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QUESTION IMAGE

which of the following best describes a beneficiary in a life insurance…

Question

which of the following best describes a beneficiary in a life insurance policy? the person who pays the premiums the person who receives the policy benefits upon the policyholders death the person who underwrites the policy the person who sells the insurance policy

Explanation:

Brief Explanations

A beneficiary in a life insurance policy is defined as the individual or entity designated to receive the policy's payout when the policyholder passes away. The other options describe different roles: the premium payer is the policyholder, the underwriter is the insurance company risk assessor, and the seller is an insurance agent.

Answer:

The person who receives the policy benefits upon the policyholder's death