Question

which of the following is not a right of the policyowner? *
changing beneficiaries
assigning the policy
taking out policy loans
changing the insured

if no beneficiary is alive at the time of the insureds death, proceeds * are typically paid to :
the insurer
the policyowner
the insureds estate
the state

Explanation:

For the first question: Policyowners have standard rights like modifying beneficiaries, assigning the policy, and taking out loans against its cash value. However, the insured is a core, defined part of the insurance contract, and this cannot be changed by the policyowner.
For the second question: When no living beneficiary exists upon the insured's death, the policy proceeds are typically paid to the insured's estate, as it becomes the default recipient to handle the insured's remaining financial obligations and assets.

Answer:

1. Changing the insured
2. The insureds estate