What provision states that if both the insured and the primary beneficiary die in the same accident and it cannot be determined who died first, the insured will be presumed to have survived the beneficiary and proceeds will be paid to the named contingent beneficiary of the insured or to the insured's estate?

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Prepare for the Louisiana Series 101 Life Insurance Exam with multiple choice questions and detailed explanations. Enhance your knowledge and succeed in your licensing exam!

Multiple Choice

What provision states that if both the insured and the primary beneficiary die in the same accident and it cannot be determined who died first, the insured will be presumed to have survived the beneficiary and proceeds will be paid to the named contingent beneficiary of the insured or to the insured's estate?

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