Question

if a minor is named beneficiary, policy proceeds are typically:
paid directly to the minor
paid to the insurer
held by a guardian or trustee
denied
the spendthrift clause protects policy proceeds from:
the insured
creditors of the beneficiary
the insurer
the policyowner
under a per capita distribution, death benefits are paid :
equally among surviving beneficiaries
to the oldest beneficiary
to the insureds estate
based on blood relation

Explanation:

1. Minors lack legal capacity to manage large sums, so policy proceeds are held by a responsible adult guardian or trustee until they reach majority.
2. A spendthrift clause is a provision in insurance policies that shields the beneficiary's proceeds from being seized by their creditors to pay off debts.
3. Per capita distribution means "by head", so death benefits are split equally among all surviving named beneficiaries.

Answer:

1. Held by a guardian or trustee
2. Creditors of the beneficiary
3. Equally among surviving beneficiaries