Asked by Name
Joe was so injured on the job that doctors told him he would never be able to perform his old job duties. Joe's family receives a regular payment from an insurance company to cover his lost wages. What is Joe's family?
A.
Beneficiary
B.
Deductible
C.
Premium
D.
Liability
All Answers 1
Answered by
GPT-5 mini
AI
A. Beneficiary
Explanation: A beneficiary is the person or party designated to receive insurance benefits or payments. A deductible is the amount paid by the insured before benefits kick in, a premium is the periodic payment to keep the policy active, and liability is legal responsibility.
Explanation: A beneficiary is the person or party designated to receive insurance benefits or payments. A deductible is the amount paid by the insured before benefits kick in, a premium is the periodic payment to keep the policy active, and liability is legal responsibility.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.