Kevin, the insured under a $200,000 life insurance policy, and his sole beneficiary, Lynda, are killed instantly in a car accident. Under the Uniform Simultaneous Death Act, to whose estate will the policy pay benefits to?

Insurance

Are you looking for the correct answer to the question “Kevin, the insured under a $200,000 life insurance policy, and his sole beneficiary, Lynda, are killed instantly in a car accident. Under the Uniform Simultaneous Death Act, to whose estate will the policy pay benefits to?”? If that’s the case, you don’t have to worry anymore. Azanswer team is here with the right answer to your question. Please check below to know the answer.

Kevin, the insured under a $200,000 life insurance policy, and his sole beneficiary, Lynda, are killed instantly in a car accident. Under the Uniform Simultaneous Death Act, to whose estate will the policy pay benefits to?

A) Both Kevin’s and Lynda’s estate, equally.

B) Kevin’s estate.

C) Lynda’s estate.

D) The proceeds will transfer to the state.

Answer: B) Kevin’s estate.

The above question Kevin, the insured under a $200,000 life insurance policy, and his sole beneficiary, Lynda, are killed instantly in a car accident. Under the Uniform Simultaneous Death Act, to whose estate will the policy pay benefits to?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.