What Does Per Capita Rule Mean?

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What does Per Capita Rule mean? Read on to discover the definition & meaning of the term Per Capita Rule - to help you better understand the language used in insurance policies.

Per Capita Rule

Per Capita Rule

Under this rule, the death proceeds of a life insurance policy are divided equally among the living primary beneficiaries.

We hope the you have a better understanding of the meaning of Per Capita Rule.

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