Question

Professor Dought has a life insurance policy on his own life that provides that in the event of his death, his mother will receive the proceeds. Professor Dought's mother is a(n):a. incidental beneficiary.b. creditor beneficiary.c. donee beneficiary.d. assignee.

Answer 1

Answer:

c. donee beneficiary

Explanation:

A donee beneficiary is that person who will receive the amounts indicated in the insurance policy. For this reason, we can conclude that Professor Dought's mother is a donee beneficiary, because Professor Dought's life insurance indicates that she must receive the money indicated in the insurance policy if Professor Dough dies.

Answer 2

Answer:

Donee Beneficiary

Explanation:

Professor Dought is the policy holder that enter in to contractual agreement with the insurance company .he draw is life  insurance plan .while a donee beneficiary's claim to benefit from the contract amounts to a gift from one of the contractual parties .