Ed purchased a policy naming his children as per capita beneficiaries. Upon his death the proceeds are paid to:

Ed purchased a policy naming his children as per capita beneficiaries. Upon his death the proceeds are paid to:



A

His surviving children, who will share the proceeds equally

B

His wife, then all children or their heirs

C

All beneficiaries, with any deceased beneficiary's share passed to his/her heirs equally

D

The estate of the insured, then passed down to the heirs



Answer: A

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