How to use beneficiary in a sentence? What is the noun for beneficiary? As the billionaire’s only beneficiary, Cheryl will receive the entire estate. My husband has listed me as the beneficiary of his life insurance policy.
The customer is the beneficiary so the.
In fact they were the largest beneficiary. And Elizabeth, you’re sole beneficiary. Beneficiary in a sentence 1. That still leaves $0for each beneficiary. Jürge Krügger made you a beneficiary to his will. Activities that are applicable for.
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She replied that it was a beneficiary of the town who had a nice taste in devising things of the sort. The person insured is the one whose life the policy covers, while the beneficiary or beneficiaries are the people who receive income when the insured person dies from causes covered under the policy. Your beneficiaries can only collect on term insurance if you die before the policy expires. Ultimately, it helps if the agreement you make is beneficial to both parties. She was not sure how beneficial the supplement really was, but she took it anyways.
Life insurance and retirement plans automatically pay the designated beneficiary when the policy holder dies. In this great change, Germany became the largest beneficiary. Word forms: plural -aries. The vitamins he took were beneficial to his health.
The law seemed beneficial to society, but studies showed it really didn’t help much. Another word for beneficiary. Find more ways to say beneficiary , along with related words, antonyms and example phrases at Thesaurus.
The beneficiary list of example sentences with beneficiary. A person who derives advantage from something, especially a trust, will, or life insurance policy. Australia would be the beneficiary of a policy it did not have to underwrite.
One beneficiary of the trust was Niels Bohr, the Danish atomic physicist who went on to win the Nobel prize. Definition of beneficial. As a result, he has made education a primary beneficiary for his charitable contributions. In a hybrid trust, the trustee must pay a certain amount of the trust prop erty to each.
This term is frequently used as synonymous with the technical phrase cestui que trust. A term used in the civil law. John Doe, father, and Mary Doe, mother, and Allen Doe, son, in equal shares or to the survivor or survivors.
In addition to what is on the beneficiary deman it includes release fees, statement fees, recording fees, delivery or fax fee, daily interest amount, date to which the demand is vali late fees and any other charges. For example, by naming a specific beneficiary in a life insurance policy, the proceeds will not be subject to the stipulations of will, nor will they be. An individual or entity designated to receive benefits, or a cash payout, from an insurance policy. Never had such a beneficialchange been wrought in the short space of eighteen months.
The employment of aromatics as prophylactics is not less beneficialin children than in adults. Is the tendency to idealize the men of the past beneficialin its effect upon the. Somebody who gives one a gift. Usually refers to someone who gives money to a charity or another form of organization. The term is most frequently encountered in relation to gifts by will or entitlements under a trust.
In English law, a beneficiary is sometimes called a cestui que trust. In the event your primary designated beneficiary is no longer available — for example, if they passed away — you may choose to name a contingent beneficiary on your policy. Ideally, you should be able to simply remove the name of the person you want to remove as a beneficiary , and put another name in their place.