In a partnership where Partner A has a policy on Partner B, who receives the death benefit if Partner B dies after the partnership ends?

In the scenario presented, the correct answer is that Partner A receives the death benefit if Partner B dies after the partnership ends, assuming that the policy was structured correctly. When a life insurance policy is taken out on a partner's life in a partnership arrangement, it is typically designed to ensure that the surviving partner (in this case, Partner A) can remain financially viable in the event of the other partner's death. The death benefit is meant to provide the surviving partner with funds to buy out the deceased partner’s interest in the business or compensate for the financial loss from the partner's absence.

Even though the partnership has ended, if Partner A is still the policyowner and beneficiary, they remain entitled to the death benefit. This situation highlights the importance of understanding beneficiary designations and ownership of life insurance policies, which can continue to have implications even after the primary relationship that justified the policy has ended.

The other options would be less likely, as Partner B's estate would only be involved if they were the beneficiary, which does not apply here, and the insurance company merely pays out the death benefit according to the terms of the policy rather than retaining it. Neither party would not be applicable since the correct beneficiary (Partner A) is indeed entitled to receive