In regards to Life Insurance, claims means:
A. That the beneficiary has died and the insurer is ready to collect the death benefit from the insured.
B. That the insured has died and the beneficiary is ready to collect the death benefit from the insurer.
C. That insurer has died and the insured is ready to collect the death benefit from the beneficiary.
D. That the insured accepts the blame for a loss.

In life insurance, a claim refers to the beneficiary's request to collect the death benefit after the insured individual's passing. The correct answer is that the insured has died, and the beneficiary is ready to collect the benefits. This process provides critical financial assistance to the beneficiaries of the deceased. ;

Answered by GinnyAnswer | 2025-07-03

In life insurance, a claim is made when the insured individual dies, and the beneficiary seeks to collect the death benefit from the insurer. The correct answer to the question is option B, as it accurately describes the claims process in life insurance. This process provides significant financial support to the beneficiaries after the insured's passing.
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Answered by Anonymous | 2025-07-04