A contingent beneficiary in a life insurance policy has the right to

Insurance

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A contingent beneficiary in a life insurance policy has the right to

A) receive the policy proceeds if the primary beneficiary dies before the insured.

B) share the policy proceeds with the primary beneficiary.

C) change the beneficiary designation under specified circumstances.

D) exercise policy rights if the insured is incapacitated.

Answer: A) receive the policy proceeds if the primary beneficiary dies before the insured.

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