Sentences with phrase «organization as the primary beneficiary»

For example, you can name a non profit organization as the primary beneficiary of your life insurance death benefit.

Not exact matches

[2] Mainstream organizations are defined here as those working in different projects, without a focus on disability — as opposed to disability focused NGOs, which usually implement (or partner with local organizations for that purpose) different types of projects, with persons with disabilities as their primary beneficiaries.

Another way you can provide a substantial gift to a non-profit organization is to name a charity as the primary or contingent beneficiary of your life insurance policy.

A contingent beneficiary is defined as the person or organization who would receive under the terms of the life insurance policy if the primary beneficiary can not or chooses not to receive the death benefit proceeds.

The first level of beneficiary is called the primary beneficiary.Your primary beneficiary is defined as the person or organization that your lump sum death benefit will go to when you die.