Ally, a single mother, purchased life insurance on her daughter, Bella naming Bella’s Aunt Carrie as the primary beneficiary and Aunt Delia as the contingent beneficiary. Aunt Carrie predeceases Bella 25 years later. Aunt Delia passes away 12 years later. Ally did not change beneficiaries. Bella and her mother are killed in a car accident. How will the proceeds be distributed?

Answer rating: 100% (QA)

If Bella dies before her mother Aunt Carrie will receive the ... View the full answer