A person entitled to receive the proceeds of a life insurance policy on a priority basis.
The person(s) and/or entity(ies) who will receive any death benefits payable upon a participant's death. Those named as principal recipients of a deceased participant's benefits on a beneficiary designation form.
an enterprise that will absorb a majority of a VIE's expected losses, receive a majority of its expected residual returns, or both
an entity that will absorb a majority of a VIE's expected losses, receive a majority of the expected returns, or both, and is therefore required to consolidate the VIE
a person who (or whose estate) is entitled or authorized to receive distributions under this instrument (including a termination distribution) either presently in the fiduciary's discretion, or at any time subject to a standard
The primary beneficiary, if still living, is the first beneficiary to receive the proceeds of the policy upon the death of the insured. There may be more than one person designated as a primary beneficiary and unless otherwise specified, the shares will be equal.
The beneficiary with the first right to collect on policy benefits.
The first person (or maybe charity) named to receive the proceeds of a will or pension plan.
Beneficiary of a life insurance policy who is first entitled to receive the policy proceeds on the insured's death.
First person (or group of persons) named in an insurance policy, retirement plan or other arrangement who will receive the proceeds at the death of the owner or insured. Includes trusts and charitable institutions so named.
The beneficiary who has first rights to receive proceeds or benefits from a policy when it becomes payable.
The beneficiary named as first in line to receive proceeds or benefits from a policy.
In the event an employee dies, benefits are paid to the person or persons listed as primary beneficiary(ies). In the event the primary beneficiary predeceases the employee or is involved in a common catastrophe, the person listed as the contingent beneficiary will receive benefits. If a contingent beneficiary is not listed, benefits are paid to the estate of the employee.
The individual(s) and or entity(ies) (e.g., trust, charity, estate) who will receive the proceeds of a retirement account upon the account owner's death. See also Contingent Beneficiary.
The primary beneficiary is the person or persons entitled to receive the death proceeds. If the primary beneficiary dies the proceeds will go to the contingent beneficiary or to the estate of the owner if a contingent beneficiary is not named.
The first person, estate, or trust named to receive the proceeds of a retirement account upon the account owner's death. See also Secondary Beneficiary.
A beneficiary chosen by you to receive payment in the event of your death.
The entity (relative, business, trustee, etc.) selected by the owner of the policy to whom the proceeds are payable in the event of the insured's death.
The individual first designated to receive the proceeds of an insurance policy; see Contingent Beneficiary.
The person(s) or organization(s) designated by the owner to receive the death benefit. (See also: contingent beneficiary) Return to Previous
a person named by the participant to receive insurance or retirement plan benefits when the participant dies. If no primary beneficiaries are living when the insured person dies, benefits will be paid to the contingent beneficiary.
In life insurance, the beneficiary designated by the insured as the first to receive policy benefits.
Party or parties who have first rights to receive policy benefits when the benefits of an insurance policy become payable.
The person who, upon the insured's death, has the first right to receive insurance proceeds.
The first person named in the policy as beneficiary.
The party designated to receive the proceeds of a life insurance policy following the death of the insured. Also known as first beneficiary. See also contingent beneficiary.
The beneficiary named as first to receive proceeds or benefits from a policy when they become due.
The beneficiary in a life insurance policy who is first entitled to receive the policy proceeds upon the insured's death.
The party who is usually first entitled to receive the policy proceeds upon the insured's death.
The named beneficiary who receives the proceeds of an insurance policy or annuity contract when the insured or annuitant dies.
the person(s) first entitled to the proceeds of an insurance policy when the insured dies.
The person designated as the first to receive the proceeds of a life insurance policy upon the death of the insured.
A person or organization designated to receive the funds or other property from a trust, insurance policy, retirement account or other contract.
The party or parties who have primary rights to policy proceeds when the death benefits of an insurance policy become payable, subject to the interest of a collateral assignee, if any.
The primary beneficiary is the individual(s), trust, or other entity that receives the proceeds of the insurance policy in the event of the insured's death.
The beneficiary designated as the first to receive policy benefits. See Contingent Beneficiary.
The first person to receive proceeds from an insurance policy when the insured dies.
The first person to receive policy benefits from a life insurance policy.
The person who will receive the benefits of a trust or insurance policy, when distribution is made.
The party or parties who have first rights to receive the benefits of a life insurance policy following the death of the insured. Also called first beneficiary. Compare to contingent beneficiary.
This refers to the first named beneficiary. See Beneficiary.
The person or entity indicated by the policyowner to receive the proceeds of the policy in the event of the death of the insured.