A contingent beneficiary is a secondary recipient of the life insurance death benefit, coming into play if the primary beneficiary is unable or unwilling to receive the proceeds. This designation acts as a safeguard, ensuring that the death benefit does not go unclaimed or end up in the wrong ...
A method for rewarding life insurance policy holders who satisfy requirements relating to insured individuals' wellness includes segmenting a group of insured individuals into a W group that qualifies for a wellness benefit and a S group that does not qualify for the wellness benefit. Qualification ...
Naming a contingent beneficiary on your life insurance policies may be even more critical than naming one for your 401(k), IRA, or investment account, because the life insurance proceeds can be significantly greater than what you’ve saved in your retirement accounts. [To learn more about super...
Contingent wellness benefits for life insurancedoi:WO2008063260 A2WO
9 RegisterLog in Sign up with one click: Facebook Twitter Google Share on Facebook contingent beneficiary Financial n. a person or entity named to receive a gift under the terms of a will, trust or insurance policy, who will only receive that gift if a certain event occurs or a certain...
You have the right to change your designation of contingent beneficiaries, except in the case of an irrevocable trust or a life insurance policy whose terms and conditions were established in a court ruling. A contingent beneficiary may also be someone who is entitled to inherit assets if he or...
At no time did ULR advise Pombo that it had received Contingent Commissions, Communication Fees and other improper compensation from MetLife in connection with her insurance purchases. In particular, Marsh provided its conspiring Insurers with the identity of the other conspiring Insurers; details of ...
Views benefits data for a worker in the portrait. Print Worker Portrait Grants access to the portrait maintenance duties for the portrait cards. Request Feedback Allows to request feedback Request Time Change Allows the worker to create a time change request. Self Report a Life Event Allows empl...
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Multiple contingent beneficiaries may be listed on a life insurance policy or retirement account. Each beneficiary is designated a specific percentage of the money, adding up to 100%. A contingent beneficiary who inherits will receive the assets in the same manner stated for the primary beneficiary...