secondary beneficiary in English
second person eligible to receive insurance payouts or money from a trust fund in the event that the primary beneficiary cannot receive them
Use "secondary beneficiary" in a sentence
Below are sample sentences containing the word "secondary beneficiary" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "secondary beneficiary", or refer to the context using the word "secondary beneficiary" in the English Dictionary.
1. Your contingent, or secondary, Beneficiary is the person (or people) who will receive benefits if your primary Beneficiary isn’t alive when you die, or declines to accept the benefits.