Portia is the beneficiary of a life insurance policy on Quentin's life obtained from Renewall Insurance Company through Stan,an insurance broker. The insured of this policy is

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The insured of a life insurance policy is the person whose life is being insured - in this case, Quentin. The beneficiary is Portia, who will receive the proceeds of the policy upon Quentin's death. Renewall is the insurance company that issued the policy and Stan is the broker who facilitated the process, but neither of them is the insured or the beneficiary.

Portia Is the Beneficiary of a Life Insurance Policy on Quentin's