Which of the following is not one of the parties to a standard life insurance contract?

Question

Quizplus · Accepted Answer

The parties to a standard life insurance contract are the owner (who pays the premiums), the insurance company (who provides the coverage), the insured (whose life is being insured), and the beneficiary (who receives the death benefit). An insurance broker may assist the owner in obtaining a policy, but they are not a party to the contract itself.

Which of the Following Is Not One of the Parties