The term for the person who receives insurance proceeds paid to them is the beneficiary.
Correct Answer:
Verified
Q4: Under modern rules in all states,the insured's
Q5: As a general rule,liability insurance policies furnish
Q6: Generally in business liability policies,if the insured
Q7: The insured is not entitled to recover
Q8: Consideration on an insurance contract is the
Q10: Most property insurance policies are open policies
Q11: If the insured misrepresented material facts in
Q12: Courts will always grant reformation of a
Q13: The insurance relationship is contractual.
Q14: The damages recoverable by an insured for
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