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词汇 contingent-beneficiary
释义 contingent beneficiary
noun[ C ]
ukuspluralcontingent beneficiaries(alsosecondary beneficiary)
LAW, INSURANCE
a person, organization, etc. who will receive the money from an insurance policy or a will if the first person named in the document cannot or does not want to receive the money:
If your primary beneficiary is deceased and you haven't named a contingent beneficiary, the money will go to your estate.

Examples of contingent beneficiary


contingent beneficiary
But it is by no means certain that an employer will automatically be considered a contingentbeneficiary of the scheme.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Buy-out usually means that benefit rights change, and it would be unreasonable to prevent a buy-out simply because a contingentbeneficiary preferred one benefit to another.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
However, if the primary beneficiary or beneficiaries are not alive or do not qualify under the restrictions, the assets will probably pass to the "contingent beneficiaries".
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
The rights of beneficiaries or contingent beneficiaries are the same as in any discretionary trust.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Employers may or may not, be contingent beneficiaries to a trust.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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