Question: Question 5 1 p t s Lincoln has a $ 1 0 0 , 0 0 0 life insurance policy and names his daughter Venus
Question
Lincoln has a $ life insurance policy and names his daughter Venus as the beneficiary. When Lincoln dies, the insurance company refuses to pay Venus the $ Can she sue them to recover the money?
No because incidental beneficiaries cannot enforce contracts.
Yes, because she is the assignee.
No because she is the promisor.
Yes, because she is an intended beneficiary.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
