Proceeds from a life insurance policy are protected from the beneficiary's creditors by which clause?

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Proceeds from a life insurance policy are protected from the beneficiary's creditors by which clause?

a) protection clause
b) creditor clause
c) spendthrift trust clause
d) beneficiary trust clause

Answer: c) spendthrift trust clause

WA Life Insurance

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An insured's building has an actual cash value of $200,000, and he has insured the property for $120,000 with an 80% coinsurance clause. A $40,000 loss occurs. How much will the policy pay?

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