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Question 30 pound w the consent of her spouse Louls, Berangre assigned her $300,000 life...

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Question 30 pound w the consent of her spouse Louls, Berangre assigned her $300,000 life arrance policy to the bank as collateral for a $200,000 loan. Berangre had named Louis as irevocable beneficiary of her policy, and her god-daughter Mylne as contingent benefician Berangre and Louis are seriously injured in a car accident. Laudes the day following the accident and Berangre succumbs to her injuries one week biter. The balance of the bank loan is now $100,000. How will the $300.000 death benefit be divided? al The bank will receive $100,000 and Louis's estate $200,000. The bank will receive $100.000 and Mylne $200,000. d The bunk will receive $100,000 and Berangre's estate $200,000 The bank will receive $300,000 because the policy was assigned as collateral

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