0
"The person who receives the benefits", most commonly used in insurance policies for the person who gets the money if the policy must be paid out.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
Am i the beneficiary of my husband's life insurance?
If he put you in as the beneficiary, then Yes. Look at the policy and find where it says beneficiary to make sure.
What does a beneficiary do?
Beneficiary = benefits from Benefits from the execution of a will / payout from an insurance policy etc.
How do you find if i am a beneficiary?
If you are a beneficiary of a will you will be notified when the will is presented to the court for allowance and appointment of an executor.
What is a 2nd beneficiary of life insurance and retirement plans?
A secondary beneficiary is a person who would receive the benefits of a life insurance policy or retirement plan in the event that the insured person dies and the primary beneficiary has also passed away. Then, the secondary beneficiary would receive the benefits.
Can you name your friend as a beneficiary?
A person can name anyone they choose to be a beneficiary. This can include a friend, child, spouse, parent or other relative. Some people even name organizations or charities as a beneficiary.
What is the meaning of concessionaire?
The beneficiary of a concession or grant.
How does the root help you understand it's meaning beneficiary?
Well, beneficiary means well or good. It helps you understand the meaning of the word because it tells you that the word means good.
What is the meaning of tertiary beneficiary in a trust?
A tertiary beneficiary is the third in line to receive something when the primary and secondary beneficiaries have died.
Does to the issue of deceased beneficiary have the same meaning as surviving issue of beneficiary?
No, not exactly.The issue of a deceased beneficiary includes any issue that has predeceased that beneficiary.Surviving issue means only the issue living at the time of death of the beneficiary.
What do the meaning of BO account?
BO ACCOUNT means beneficiary owner account
What is the meaning of fudiciary?
Fiduciary is essentially a trustee. It relates to the relationship between a trustee and a beneficiary when a trust is involved.
What is the meaning of 'To the issue of the deceased beneficiary'?
It means to the children of the person who should have inherited, but died before he could.
How does the root help you understand the meaning?
Well, beneficiary means well or good. It helps you understand the meaning of the word because it tells you that the word means good.
What is Latin root in benefactor?
The Latin root of the word beneficiary comes from the Latin adverb "bene" meaning good.
What is the possessive form of beneficiary?
The possessive form for the noun beneficiary is beneficiary's.
How does the root help you understand it's meaning?
Well, beneficiary means well or good. It helps you understand the meaning of the word because it tells you that the word means good.
where is infomation on beneficiary?
where is infomation on beneficiary
