A primary beneficiary is the one who is first entitled to receive the policy proceeds on the insured's death, while a contingent beneficiary is entitled to the proceeds if the primary beneficiary dies before the insured

 A primary beneficiary is the one who is first entitled to receive the policy proceeds on the insured's death, while a contingent beneficiary is entitled to the proceeds if the primary beneficiary dies before the insured. * (1 Point) True False 15. Which of the following is NOT usually a condition of policy reinstatement? * (1 Point) The policyowner must pay all O back dividends due plus interest on the amount. The insured must show proof of insurability. The policyowner must pay al back premiums due plus interest on the amount.