: a beneficiary named to receive the insurance proceeds before any other — secondary beneficiary \ ˈsek-ən-ˌder-ē- \ : contingent beneficiary in this entry c : a person or entity entitled under a letter of credit to demand payment from the issuer of the lett...
"Beneficiary" 的意思是“受益人”。它指的是从某种行为、合同、遗嘱、保险或信托中获得利益或权利的人。例如,在保险合同中,受益人就是被指定在保险事故发生时接收保险金的人。 在英语学习中,掌握词汇的准确含义和用法非常重要。对于“beneficiary”这个单词,你可以通过造句来加深理解,比如:“He was named as the ...
AmericanBritishCultural [ ben-uh-fish-ee-er-ee, -fish-uh-ree ] Phonetic (Standard)IPA noun pluralbeneficiaries. a person or group that receives benefits, profits, or advantages. a person designated as the recipient of funds or other property under a will, trust, insurance policy, etc. ...
1. In insurance, the person or (more rarely) organization that receives money from the insurance company when the insured event occurs. For example, in life insurance, when the insured person dies, a beneficiary may be his/her spouse This means that the spouse receives the agreed-upon amount...
In the realm of life insurance, the primary purpose is to provide financial security and peace of mind to your loved ones in the event of your passing. One crucial aspect of life insurance is designating beneficiaries, who will receive the policy’s proceeds upon your death. Most policyholders...
Definition of incidental beneficiary in the Legal Dictionary - by Free online English dictionary and encyclopedia. What is incidental beneficiary? Meaning of incidental beneficiary as a legal term. What does incidental beneficiary mean in law?
If you don’t specify, many life insurance policies now include a default succession-in-interest clause, where the insurer determines how to distribute the death benefit, usually defaulting to dividing it equally among surviving beneficiaries. By being proactive and specifying your preferences, you ca...
a我们在英语课上经常讲英语 We speak English frequently in the class in English[translate] aIncrease the cost of compulsory third party injury insurance.[translate] aThe shaking woke up all the people ___ were asleep. 震动叫醒了___睡著的所有人。[translate] amanufacturing...
Beneficiary/Beneficiariesshall have the meaning set forthin Clause10.1.1(a); Sample 1 Beneficiary/Beneficiariesany of the following bodies: (i) theMinistry of Economic Affairsand Communications of the Republic of Estonia; (ii) theMinistry of Transportof the Republic of Latvia; and (iii) The Mini...
Life insurance is an essential financial tool that provides protection and peace of mind for individuals and their loved ones. It offers a financial safety net in the event of an unexpected death, ensuring that dependents are financially supported after the policyholder’s passing. When purchasing ...