Below the company's name, write down
the full name of the beneficiary or receiver.
Not exact matches
Gustave is
named as a partial
beneficiary of the will — his gift is a painting
named «Boy with Apple» — and the family (composed primarily
of Adrien Brody and Willem Dafoe, both in
full psychotic mode, especially the latter) objects.
Be sure to check the proper spelling
of the
full legal
name (s)
of the
beneficiary (s) and accuracy
of birth dates and social security numbers.
Please provide
Beneficiary's
full name, mailing address, phone number and date
of birth.
For Further Benefit to:
Name of Beneficiary person / Business, Account number (
Full Checking or Savings account number)
It is imperative that lawyers taking instructions for a will ensure that the
beneficiary of the bequest exists and that the
beneficiary is referred to by its
full legal
name in the will.
Here, the
named beneficiary will not receive the
full amount
of the death benefit if the insured dies within the first two or three years that the policy is in force.
With the whole life insurance policy through Colonial Penn, the
full amount
of the death benefit will be paid out to a
named beneficiary (or multiple
named beneficiaries), regardless
of when death occurs.
Even if your child has a sibling or other family member waiting in the wings to assume
full responsibility
of their needs and care in the event
of your death,
naming that individual as your
beneficiary can not ensure that the money you intended to put towards your child's lifetime care will be used in such a way.
This means that — as long at the premiums are paid that the policy is in force — the
full amount
of the life insurance benefit will be available to the policy's
named beneficiary (or
beneficiaries) should the insured pass away.
In other words, regardless
of how long the insured has had the policy, upon death, the policy will pay out the
full amount
of the stated death benefit to the
named beneficiary.
However, it is important to note that — depending on how long the insured has owned the policy — the
full amount
of the proceeds may not always be paid out to the
named beneficiary.
Typically, this will involve providing each
beneficiary's
full name and social security number (or tax ID number in the case
of an organization).
However, if the policy has been owned for several years before the insured passes away, the
named beneficiary (or
beneficiaries) will receive the
full amount
of the policy's death benefit proceeds.
It is important to note, though, that if the insured has been covered for a longer period (i.e., he or she has lived beyond the length
of the probationary time limit), then the
full amount
of the death benefit can be paid out to the
named beneficiary.