What clause stipulates that if an insured and the primary beneficiary die as a result of the same incident, the benefits will be paid as if the primary beneficiary had died first?

A. Common Disaster Clause
B. Spendthrift Clause
C. Nonforfeiture Clause
D. Settlement Clause

The clause that stipulates if an insured and the primary beneficiary die as a result of the same incident, the benefits will be paid as if the primary beneficiary had died first is the Common Disaster Clause. This clause ensures that the benefits are distributed correctly in case of simultaneous deaths.

Learn more about Insurance Policies here:

https://brainly.com/question/46738125

What clause stipulates that if an insured and the primary beneficiary die as a result of the same incident, the benefits will be paid as if the primary beneficiary had died first?A. Common Disaster ClauseB. Spendthrift ClauseC. Nonforfeiture ClauseD. Settlement Clause

Answer :

Final answer:

Explanation:

Learn more about Insurance Policies here:

Other Questions

What clause stipulates that if an insured and the primary beneficiary die as a result of the same incident, the benefits will be paid as if the primary beneficiary had died first?

A. Common Disaster Clause
B. Spendthrift Clause
C. Nonforfeiture Clause
D. Settlement Clause