The person named to recieve the life assurance proceeds after the date of the life assured is?

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Insurance WAEC 2016

The person named to recieve the life assurance proceeds after the date of the life assured is?

  • beneficiary checkmark
  • receiver
  • administrator
  • next of kin

The correct answer is: A

Explanation

A beneficiary is the person or entity you name in a life insurance policy to receive the death benefit.

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