In the event of both K and her husband being killed in a common disaster, who receives the death proceeds?

In a life insurance policy, the designation of beneficiaries is crucial, especially in scenarios involving common disasters. If both K and her husband were to pass away simultaneously, such as in a plane crash or other similar event, the determination of who receives the death proceeds depends largely on who is listed as the primary beneficiary and what statutes or provisions apply.

In this case, if K has a daughter and she is named as the secondary or contingent beneficiary, she would be entitled to the death proceeds in the absence of her mother and father. This is in accordance with common beneficiary arrangement practices in life insurance policies. If the primary beneficiary, which in this scenario would be the husband, is deceased at the same time as K, then the policy will typically pay out to the next beneficiary in line, which would be the daughter.

Therefore, the daughter receiving the death proceeds is consistent with standard beneficiary designations, particularly under the Uniform Simultaneous Death Act, which typically stipulates that if two beneficiaries die in a short timeframe, the insurance proceeds go to the next named beneficiary. This ensures that the interests of K's daughter are protected in the unfortunate event that both K and her husband pass away simultaneously.