Question

Raymond owns an Accidental Death and Dismemberment Policy with a principal sum of $50,000, and a capital sum of $25,000. After owning the policy for several months, Raymond dies as the result of coronary artery disease. Lynn, his beneficiary, can expect to receive what amount of benefit from the policy

Answer 1

Answer:

He will get nothing from the Accidental Policy.

Explanation:

• Raymond owns an Accidental policy but he Dies from Coronary artery disease. according to insurance companies policy, he will get nothing when he is dead by any means other than by accident.

• Insurance companies have their own regulations and policy.

• The insurance company is liable to pay for the incident for which the insurance is taken.