Answer :
Final answer:
The beneficiary of a key person insurance policy in a business is usually the business itself.
Explanation:
The beneficiary of a key person insurance policy in a business is typically the business itself.
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Answer:
B. The business
Explanation:
In a key person insurance policy, the beneficiary is typically the business itself. The policy is designed to provide financial protection to the business in case a key employee, whose expertise or leadership is crucial to the company's success, passes away or becomes incapacitated.