MATCHING:
-The person who has a superior claim over all others to the benefits of a life insurance contract
A)spendthrift
B)life estate
C)disinheritance
D)dividend
E)fair market value
F)homestead
G)receivables
H)life insurance
I)contract for deed
J)primary beneficiary

Question

Quizplus · Accepted Answer

The primary beneficiary of a life insurance contract is the person designated by the policy owner to receive the benefits of the policy upon the death of the insured, making them the individual with a superior claim over all others to these benefits.

MATCHING: -The Person Who Has a Superior Claim Over All Others