Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Humanities Legal Studies
New Topic  
timmies timmies
wrote...
Go to Answer
Posts: 1170
Rep: 1 0
5 years ago
Hillary had purchased a term life insurance policy and had nominated her mother as the beneficiary, while William, her colleague, had a universal life insurance and had nominated himself as the beneficiary. Hillary and William recently got married and wish to nominate each other as beneficiaries in their individual life insurance policies. In the context of the given scenario, which of the following statements is true?
A) Hillary and William will have to purchase two new policies to nominate each other as beneficiaries.
B) Hillary and William will have to seek an endorsement to make the requisite changes in their current individual life insurance policies.
C) Hillary will be able to nominate William as the beneficiary, but William cannot do so because he did not enlist a beneficiary earlier.
D) William will have to nominate both Hillary and her mother as beneficiaries for his insurance policy because existing beneficiaries cannot be denied coverage.
Textbook 
Business Law

Business Law


Edition: 9th
Author:
Read 127 times
2 Replies
Replies
Answer verified by a subject expert
glendyglendy
wrote...
#1
Top Poster
Posts: 762
Rep: 9 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

timmies Author
wrote...
#2
5 years ago
Such a godsend, you helped me and my friend big time
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1327 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 264
  
 4698
  
 1173
Your Opinion
Who's your favorite biologist?
Votes: 586
Previous poll results: What's your favorite funny biology word?