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The person who is eligible to collect life insurance is the beneficiary. Anybody can be named the beneficiary. There are steps that need to be taken before a person can collect.
I think that you're refering to an "irrevocable" beneficiary. This means that the beneficiary designation can only be changed if both the policy holder (owner) AND the current beneficiary sign off on it.
When referring to life insurance, a beneficiary is a person specified by the contract holder. This beneficiary will receive the benefits if the primary beneficiary has died at the time the benefit is to be paid.
The word eligible means having the right to obtain or do something
No, opposite-sex couples are also eligible.
SBP News Commercial Controversy - 2014 was released on: USA: 6 February 2014 (internet)
Systolic Blood Pressure
the portion of your income that is eligible for taxation
It might be Short-board pile ;D
SBP is playing a vital role in the economic development of Pakistan. As its name shows it is also a bank.Reason of the importance of SBP is the its the bank of State.Not a private bank. Moentry policy is the important tool of state bank.Controlling the inflation etc Recommend Reading SBP sets Rs260bn agri credit target http://www.vibe.pk/content/SBP-sets-Rs260bn-agri-credit-target
One definition is in an election the number of eligible voters that actually vote.
The portion of a persons income that is eligible for taxation