An individual who is entitled to receive the benefits of an insurance policy if the primary beneficiary dies.
Related information about contingent beneficiary:
- Contingent Beneficiary Definition | Investopedia
1. A beneficiary specified by an insurance contract holder who will receive the benefits if the primary beneficiary has died at the time the benefit is to be paid. 2.
- Contingent Beneficiary - Legal Dictionary - The Free Dictionary
contingent beneficiary n. a person or entity named to receive a gift under the terms of a will, trust or insurance policy, who will only receive that gift if a certain ...
- Contingent beneficiary - Wikipedia, the free encyclopedia
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- What is contingent beneficiary? definition and meaning
Definition of contingent beneficiary: An individual who is entitled to receive the benefits of an insurance policy if the primary beneficiary dies.
- What is a Contingent Beneficiary?
A contingent beneficiary is a person, trust, or estate designated to receive a dead person's assets if the primary beneficiary...
- Contingent Beneficiary - What is a Contingent Beneficiary
A contingent beneficiary stands second-in-line to inherit assets such as a life insurance policy, a retirement plan or an annuity.
- Contingent Beneficiary Designation – Getting Your Financial Ducks ...
Mar 2, 2011 ... Naming a contingent beneficiary (or class of beneficiaries) can help to resolve this situation. For example, you could name your children ...
- Contingent Beneficiaries | Beneficiary Designations
There are three levels of beneficiaries. They are the primary beneficiary, the contingent beneficiary and what is referred to by some life insurance companies as ...