If the insured outlives all of the beneficiaries named in the policy and then dies, by default who receives the death benefit?

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If the insured outlives all of the beneficiaries named in the policy and then dies, by default who receives the death benefit?

A. A tertiary trust

B. The treasury of the state where the insured resided

C. The state Guaranty Association

D. The insured’s estate

Answer: D.

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