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What is the name of the contract that pays a beneficiary in the event of a death? - Retirement Insurance - Home Owners Insurance ✅Life Insurance - Health Insurance
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45 votes
45 votes
What is the name of the contract that pays a beneficiary in the event of a death?

- Retirement Insurance
- Home Owners Insurance
✅Life Insurance
- Health Insurance

What is the name of the contract that pays a beneficiary in the event of a death? - Retirement-example-1
User Sandeep Joshi
by
2.6k points

2 Answers

23 votes
23 votes

Answer:

C

Step-by-step explanation:

Life insurance is a contract between an insurer and a policy owner. A life insurance policy guarantees the insurer pays a sum of money to named beneficiaries when the insured dies in exchange for the premiums paid by the policyholder during their lifetime

User TimWhiting
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2.9k points
18 votes
18 votes
Yes c- life insurance
User Sangram Nandkhile
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2.5k points
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