Sonya wants to name her husband as the beneficiary of her life policy. She also would like to retain all of the rights of ownership. Sonya should have her husband named as?

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Sonya wants to name her husband as the beneficiary of her life policy. She also would like to retain all of the rights of ownership. Sonya should have her husband named as?

A) Tertiary beneficiary.

B) Secondary beneficiary.

C) Revocable beneficiary.

D) Irrevocable beneficiary.

Answer: C) Revocable beneficiary.

The above question Sonya wants to name her husband as the beneficiary of her life policy. She also would like to retain all of the rights of ownership. Sonya should have her husband named as?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.