Sara purchases life insurance on her own life and makes her husband, Dean, the beneficiary. Sara dies. Dean applies to the insurance company for payment of the proceeds. The insurance company denies payment, pointing out that Dean didn’t sign the contract and therefore doesn’t have privity of contract. Dean is A. not entitled to the proceeds because he doesn’t have privity of contract. B. entitled to the proceeds as an incidental beneficiary. C. entitled to the proceeds as an intended beneficiary. D. entitled to the proceeds because he was married to Sara.. Sara dies. Dean applies to the insurance company for payment of the proceeds. The insurance company denies payment, pointing out that Dean didn’t sign the contract and therefore doesn’t have privity of contract. Dean is A. not entitled to the proceeds because he doesn’t have privity of contract. B. entitled to the proceeds as an incidental beneficiary. C. entitled to the proceeds as an intended beneficiary. D. entitled to the proceeds because he was married to Sara.
Sara purchases life insurance on her own life and makes her husband, Dean, the beneficiary. Sara dies. Dean
applies to the insurance company for payment of the proceeds. The insurance company denies payment, pointing out that Dean didn’t sign the contract and therefore doesn’t have privity of contract. Dean is
A. not entitled to the proceeds because he doesn’t have privity of contract.
B. entitled to the proceeds as an incidental beneficiary.
C. entitled to the proceeds as an intended beneficiary.
D. entitled to the proceeds because he was married to Sara.
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