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Food & Cooking
Entertainment & Arts
Use beneficiary in a sentence?
How would you use the word beneficiary in sentence?
Can you give me a sentence using the word beneficiary?
Asked in Health, Example Sentences
How do you use the word beneficiary in a sentence?
Is the following sentence correct The beneficiary is unable to speak do to her disabilities'?
Can you write a sentence with the word beneficial in it?
Asked in Kenya
What is the Iban or aba imperial bank Kenya limited for GBP beneficiary?
Asked in Life Insurance, Probate, IRA Plans
Can a beneficiary of an IRA name a successor beneficiary in the state of Colorado?
Why there is there a first beneficiary and second beneficiary?
Asked in IRA Plans
Can a beneficiary of an IRA name a successor beneficiary?
Asked in Insurance, Life Insurance
Who collects the life insurance if the policy holder and beneficiary have died?
If the beneficiary of a policy has died, the estate of the beneficiary can still collect the insurance payment, assuming that the beneficiary does have an heir or heirs of some kind (as most people do). Note that this is a fairly unusual situation, because normally when a beneficiary dies, a new beneficiary is named. There is no reason to allow the policy to have no living beneficiary, unless the insured and the beneficiary happen to die at about the same time, and there is no time to name a new beneficiary.