Everfi the person who receives financial protection from a life insurance plan is called a:

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joslyn6997 joslyn6997

02-06-2018
Social Studies

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Everfi the person who receives financial protection from a life insurance plan is called a:

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andriansp andriansp · Answer 1 · 2018-06-12T03:52:21+02:00

I believe the answer is: Beneficiary

Here are several roles that exist during an insurance transactions

- Payer is the person who buy the insurance (not necessarily for themselves only, can be given to their family or friends).

- Insured are the subjects/objects of protection. This can be both people or goods (such as cars)

.- And the giver is the company who provide the insurance service for the payer.