A life insurance claim with a per capita distribution would be payable to the

• A. Policy Owner
• B. Named Living Primary Beneficiaries
• C. Insured's Estate
• D. Named Contingent Beneficiaries

Answer: (B)

Per capita distribution focuses on how a life insurance death benefit is shared among multiple primary beneficiaries who are alive at the insured’s death. In this method, each living named primary beneficiary receives an equal portion of the proceeds, and if any named primary beneficiary dies before the insured, that share is redistributed among the remaining living primary beneficiaries. So the claim would be payable to the named living primary beneficiaries, not to the policy owner, the estate, or contingent beneficiaries, unless there are no surviving primary beneficiaries (in which case payments would then flow to the contingent beneficiaries or the estate per the policy).