contestada

Your partner wants to make sure you are well taken care of financially in the event they die, and so takes out a life insurance policy on themselves with Liberty Life, Co., naming you as beneficiary on the policy. Unfortunately, tragedy strikes and your partner dies. However, the life insurance company refuses to pay you on the policy. Do you have the right to sue them since you were not a party to the contract? Yes, because you are an intended beneficiary of the contract. Yes, because your partner owed you a legal duty. No, because you do not have standing to bring a claim. No, because you were not a party to the contract.

Respuesta :

marvineetesh3

The partner bought a life insurance policy with the stipulation that if he died, the insurance claim would be paid to another partner. He may sue as the contract's beneficiary if the insurance company refuses to pay the sum to the other partner following the partner's death.

When the beneficiary sew the contract?

A third-party beneficiary is a person or company who gains from the conditions of a transaction between two parties.

A third-party beneficiary may have legal rights that can be enforced if the contract isn't carried out.

The person or beneficiary can sew the contract on the absence of original party as he is beneficiary to the contract.

In the given case, the another partner can sew against the insurance company as he is a party to a contract.

Therefore, option A is correct.

Learn more about the contract, refer to:

https://brainly.com/question/2669219

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