Phrases with «primary beneficiary»

The phrase "primary beneficiary" refers to the person or entity who will receive the main benefits or advantages from a particular situation, such as an insurance policy or a will. They are considered the most important recipient or the one who stands to gain the most. Full definition

Related phrases

Sentences with «primary beneficiary»

  • He had submitted an application for life insurance showing his wife and his two daughters, ages 1 and 3, as equal primary beneficiaries of a $ 1,000,000 policy. (hinermangroup.com)
  • If you are both named as primary beneficiaries on each other's policies, this can create problems for your family when they are at most in need of clarity and strength. (insuranceindepth.com)
  • A contingent beneficiary will receive payment if the policy's primary beneficiary dies before the insured. (pocketsense.com)
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