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Bob purchases a life insurance policy on his wife Betty where he pays the premium and he will receive the life insurance money when she

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Bob purchases a life insurance policy on his wife Betty where he pays the premium and he will receive the life insurance money when she dies. Bob is both the and the I who will receive the upon the death of Betty, the insured; beneficiary; money: policyholder O policy owner; beneficiary; face amount; insured O policy owner; insured; face amount; beneficiary o beneficiary; premium payer; face amount; policy owner What do policy limits of 200/300/100 on an automobile insurance policy mean? $200,000 per person injured in an accident, $300,000 for all bodily injuries combined $100,000 to cover damage to the other person's car or property, $200,000 for all bodily injuries combined, $300,000 per person injured in an accident, $100,000 to cover damage to the other person's car or property. O $200,000 to cover damage to the other person's car or property, $300,000 for all bodily hrjuries combined $100,000 per person injured in an accident. O $200,000 to cover damage to the other person's car or property, $300,000 per person injured in an accident, $100,000 for all bodily injuries combined

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