Kpays on a $20,000 20-year endowment policy for 10 years and dies from an automobile accident. how much will the insurance company pay the beneficiary?

$20,000 death benefit

Explanation:

If K dies from an accident before the maturity of the endowment, the face value of the policy, and in this case, $20,000 known as the death benefit is paid in full to the beneficiary of K.

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