Have you ever struggled to answer the question “which statement regarding the change of beneficiary provision is true” in relation to the concept of Insurance? There’s no need to worry about it anymore. This post contains the correct answer to your question.
Which statement regarding the change of beneficiary provision is true
Options:
- A. The beneficiary can only be changed with the consent of the insurer
- B. The policyowner can change the beneficiary
- C. The insured can change the beneficiary
- D. A beneficiary change is subject to underwriting procedures
The Correct Answer Is:
- B. The policyowner can change the beneficiary
Conclusion
The answer to your question “which statement regarding the change of beneficiary provision is true” should now be clear for you. I appreciate you coming here to find the answer to your question and best wishes for your preparation related to various Insurance topics.