Anisa,Kim,and Natasha carried on business together in partnership.Arrangements were made whereby each partner held a policy of life insurance on the other partners,and were the beneficiaries named in the policies.Several years later,Anisa murdered Kim.
-Natasha may collect the proceeds of the insurance policy she held on Kim's life,because she was the named beneficiary.

Question

Quizplus · Accepted Answer

Natasha may collect the proceeds of the insurance policy she held on Kim's life because she was the named beneficiary, even though Anisa murdered Kim. This is because the proceeds of a life insurance policy are payable to the named beneficiary, regardless of who caused the insured's death.

Anisa,Kim,and Natasha Carried on Business Together in Partnership