If the insured has an outstanding $5,000 loan on a $100,000 life policy at the time of death:
A) The outstanding loan is subtracted from the death benefit, and the beneficiary receives the net amount
B) The outstanding loan is added to the death benefit, and the beneficiary receives the total amount
C) The outstanding loan is deducted from the cash value, and the beneficiary receives the remaining cash value
D) The outstanding loan has no impact on the death benefit, and the beneficiary receives the full amount