Ask Question
14 August, 06:43

The person who receives financial protection from a life insurance plan is called

A. Beneficiary

B. Payer

C. Insured

D. Giver

+4
Answers (1)
  1. 14 August, 07:18
    0
    The answer to this question is A. Beneficiary

    Payer is the person who buy the insurance (not necessarily for themselves only, can be given to their family or friends). Insured can not only be a person, but it also can be an object (such as cars). And the giver is the company who provide the insurance service for the payer.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The person who receives financial protection from a life insurance plan is called A. Beneficiary B. Payer C. Insured D. Giver ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers