Sentences with phrase «individual as the primary beneficiary»

Or, the custodian could go strictly «by the book», where the beneficiary form indicates a specific individual as the primary beneficiary, regardless of any other outside document.

Not exact matches

It sounds as if you are listed as a primary beneficiary and there are lines underneath the primary designation with the two other individuals.

As a secondary beneficiary, this individual only receives benefits if the primary beneficiary dies before the insured.

It sounds as if you are listed as a primary beneficiary and there are lines underneath the primary designation with the two other individuals.

As a primary beneficiary, an individual is typically entitled to receive the death benefit proceeds directly from the policy, free of income taxation.