bea takes out a life insurance policy with vida insurance corporation that names her spouse wendell as the beneficiary. this is

third party beneficiary contract

Explanation:

According to my research on different types of contracts, I can say that based on the information provided within the question this is a third party beneficiary contract. This type of contract is a contract that names a person as a beneficiary when the contract is made even though the third party does not need to sign the contract or be present at the time of signing.

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