A group of individuals named as life insurance beneficiaries as compared to the designation of individuals by name.
Related information about class beneficiary designation:
- class beneficiary designation - Business Definition
class beneficiary designation definition: A designation of life insurance beneficiaries that names a group of people rather than individuals by name....
- What is class beneficiary designation? definition and meaning
Definition of class beneficiary designation: A group of individuals named as life insurance beneficiaries as compared to the designation of individuals by name.
- What is beneficiary? definition and meaning
... beneficiary · income beneficiary · designated beneficiary · contingent beneficiary · third party beneficiary · named beneficiary · class beneficiary designation ...
- Beneficiary Designation (Probate) Law & Legal Definition
Class beneficiary designation is a designation that names a group of people rather than individuals by name. A beneficiary designation describes the mode by ...
- Life Insurance Policy Provisions, Options and Riders (20 - Quizlet
Oct 5, 2012 ... Explain "per capita" in relation to the class beneficiary designation. Per capital means per person. The surviving beneficiaries share equally in ...
- Glossary of Terms - BlueCross BlueShield of Georgia
class beneficiary designation. A beneficiary designation that names several people as a group -- for example, "children of the insured" -- rather than naming ...
- L/H ch 4 Flashcards
Jun 23, 2011 ... a class beneficiary designation. Children are a beneficiary classificaiton. if the insured has 2 children or 12, they will all be treated equally ...
- Glossary | Pacific Life & Annuity Company
class beneficiary designation. A life insurance policy beneficiary designation that identifies the beneficiaries of the policy as members of a group—for example, ...