Where would policy proceeds be paid if both the insured and primary beneficiary were killed in the same accident?

Insurance

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Where would policy proceeds be paid if both the insured and primary beneficiary were killed in the same accident?

Options

primary beneficiary’s estate
contingent beneficiary
insured’s estate
children of the insured

Answer: contingent beneficiary

The above question Where would policy proceeds be paid if both the insured and primary beneficiary were killed in the same accident?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.