beneficiary, secondary | beneficiary | secondary | secondary beneficiary | meaning
- [Law]
BENEFICIARY, SECONDARY - A will maker's second choice to receive a bequest. A secondary beneficiary receives the bequest only if the primary beneficiary dies before the will maker. It is also a person's second choice of who should receive the proceeds from a life insurance policy.
- secondary beneficiary: [Law]A will maker' ...
- beneficiary: Noun: beneficiary& ...
- beneficiary, primary | beneficiary | primary | primary beneficiary |: [Law]BENEFICIARY, ...