beneficiary

(1) For insurance, the person or legal entity the owner of an insurance policy names to receive the policy benefit if the event insured againts occurs. (2) in estate planning, a person who inherits or is entitled by law or by the terms of a will to inherit the estate of another. See also heir.

Leave a Reply

Your email address will not be published. Required fields are marked *

*


7 − one =


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Powered by WordPress | Designed by: Dog Groomer | Thanks to Assistant Manager Jobs, Translation Jobs and New York Singles