INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement.
-If neither the primary nor secondary beneficiary survives the insured,the life insurance proceeds will be [kept by the insurance company | paid to the state in which the insured lived | paid to the estate of the insured and are distributed by the probate court].
A)for the first item
B)for the second item
C)if neither item will correctly complete the statement.

Question

INSTRUCTIONS: Choose the word or phrase in [ ] which will correctly complete the statement. 
-If neither the primary nor secondary beneficiary survives the insured,the life insurance proceeds will be [kept by the insurance company | paid to the state in which the insured lived | paid to the estate of the insured and are distributed by the probate court].
A)for the first item
B)for the second item
C)if neither item will correctly complete the statement.

Quizplus · Accepted Answer

If neither the primary nor secondary beneficiary is alive, the life insurance proceeds will not be kept by the insurance company nor paid to the state. Instead, they will be paid to the estate of the insured and are distributed by the probate court.

INSTRUCTIONS: Choose the Word or Phrase in [ ] Which