Final answer:
Option c), In the case of loss of limbs due to an accident, Regan, the policyholder of an accidental death and dismemberment policy, would receive the benefit directly, not the beneficiary Maria.
Step-by-step explanation:
The beneficiary of an accidental death and dismemberment policy like the one held by Regan is responsible for receiving benefits only in the case of the policyholder's death. However, in situations where the policyholder suffers a dismemberment, such as the loss of limbs, the benefits are typically paid out to the policyholder.
Hence, in Regan's case, even though Maria is the designated beneficiary, she would not receive the benefit for dismemberment. Instead, the benefit would be paid directly to Regan to assist with the financial implications of his injury.