Exam 8: Insurance Contracts

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Tiffany,who is married to Saul,takes out a $1,000,000 life insurance policy on Saul's life in 2008. Two years later they get divorced and Tiffany immediately remarries. Saul is not required to pay any alimony or child support to Tiffany after the divorce. In 2015,Saul dies. What will Tiffany collect on the life insurance policy,assuming she continued to pay all premiums due following their divorce?

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A statement of opinion by the insured on a life insurance application:

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