V8alaalveraMa V8alaalveraMa

15-05-2017
Business

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An insured purchased a life insurance policy on his life naming his wife as primary beneficiary, and his daughter as contingent beneficiary. under what circumstances could the daughter collect the death benefit?

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NeverGonnaLeave NeverGonnaLeave

15-05-2017

Hey there!

The daughter could collect the benefit, is the wife is no longer around, meaning that she is dead, or if she makes her the primary.

Hope this helps!

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