A life insurance policy lists the names of 3 people as primary beneficiaries. Other than listing the person's names, which of the following is the most important next step?
A life insurance policy lists the names of 3 people as primary beneficiaries. Other than listing the person's names, which of the following is the most important next step?
A
Include the beneficiary's middle name or initial
B
Make certain the names are listed in alphabetical order
C
Indicate what percentage of the death benefit each is entitled to receive
D
Specify the occupation of each beneficiary
Answer: C
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