The contingent or secondary beneficiary is the person or persons designated to receive the death benefit from your life insurance policy in the event that your primary beneficiary should die at the same time, like in a common accident, or before you do.

It is essential that you specify who should receive your accumulated retirement plan funds in the event of your death. Should you specify one individual as your beneficiary, such an individual will be your sole beneficiary. If you specify more than one individual, these individuals will be your primary beneficiaries. Should your specified primary beneficiaries not survive your death, the value of your retirement plan funds will be distributed to your named contingent beneficiaries. See similar questions...

The Primary Beneficiary is the first person or entity you want to receive the proceeds of your accounts. There can be more than one primary beneficiary, for example you could name. The secondary beneficiary is the second person or entity you want to receive the proceeds of your accounts should the primary be deceased or not meet specific serviceable qualifications you have instructed. There can be more than one secondary beneficiary just as the example above appears. See similar questions...

In life insurance,Primary Beneficiary is the beneficiary designated by the insured as the first to receive policy benefits. See similar questions...

A primary confluence is one that meets the primary goals of the project, that is, it is on (or close to) land, and not ruled out by the "Poles Problem" restrictions. Check out "What is a primary confluence" above for more details on this. A confluence that is on (or close to) land, but ruled out by the Poles rule is called secondary. Confluence points of this type will be accepted if visited but are not part of the primary goals of the project. See similar questions...

Yes. The executor and primary beneficiary may be the same person. To find out more about selecting an executor, click here. See similar questions...

On the COB form list the beneficiary's name and designate whether the individual is a primary or contingent beneficiary. If there are multiple primary or multiple contingent beneficiaries, you should also designate the percentage of death benefits each is to receive. See similar questions...

Issuer is the one who actually issues the issue, however, it is the Beneficiary who actually receives the proceeds ($ amount) from the issue. Transaction Value: The total consideration that the acquirer paid for the % of the target they are acquiring plus any liabilities assumed if publicly disclosed. Standard Platinum Definition: Total value of consideration paid by the acquiror, excluding fees and expenses. See similar questions...

If you’re about to obtain Basic Life, Family Life, Accidental Death and Dismemberment, Term 100, and/or Dental Office Staff Insurance coverage through the Canadian Dentists’ Insurance Program, you will likely want to designate a beneficiary (or beneficiaries). “Designating a beneficiary” means that you name a party (or parties) who will receive the proceeds of your life insurance coverage. See similar questions...

The only time a friend or a non-relative, such as a business partner, can be designated as a primary beneficiary is if the planholder is still single and an insurable interest exists between the planholder and the beneficiary. A written affidavit must be submitted along with the application. See similar questions...

When you apply fo VGLI, you can name any person, firm, corporation or legal entity as the beneficiary of your VGLI. To change a beneficiary, complete, sign and submit to OSGLI: form SGLV 8721, Beneficiary Designation - Veterans' Group Life Insurance. See similar questions...

A Primary Care Physician, or PCP, is the doctor you would go to on a regular basis, such as when you're simply not feeling well, or have an ear ache or the flu. A specialist is a doctor that your PCP might refer you to if the problem you have requires a doctor with more experience in a certain area. See similar questions...

In the printing industry there are two standard classifications for color reproduction: Primary and Process. Primary colors in printing are red, blue, green and black. Process colors are yellow, magenta (a shade of red), cyan (a shade of blue) and black. When purchasing a color ribbon for your printer, you will need to know whether you want the primary assortment of colors on the ribbon or the process assortment. See similar questions...

A primary market, or "the issuing market", is where a security is issued and sold for the first time, either when a company issues capital shares on incorporation and sells them to founders or other investors, or when new shares are issued and sold in a period following incorporation for capital increase. Securities can also be put for sale to a specific group of investors, which is called "private placement". See similar questions...

Any collectible still being produced, or that is a current item, is considered to be on the primary market. A collectible that has been retired or discontinued and, therefore, is no longer available on the primary market, is considered to be on the secondary market. See similar questions...

There can only be one primary server. As for the secondary servers, you can have as many as you want: the information they have about your zone will be replicated from the primary server. See similar questions...

The distinction of primary from secondary amenorrhea is of little value in determining the cause for the amenorrhea. It does help doctors use a "word" shorthand to give a patient's history. A woman who has never had a spontaneous menstrual period has primary amenorrhea by definition. One who has ever had any spontaneous bleeding has secondary amenorrhea. See similar questions...

A beneficiary has the right to cash the bond only if the owner is deceased. A co-owner has the same rights as the first-named owner to cash a bond. See similar questions...

empty leg" is when an airplane is flying empty on its way to pick up passengers or after dropping off passengers. If the passengers being picked up or dropped off cancel their plans, the entire charter flight is canceled, including the "empty leg". The "empty leg" is "contingent" upon the plans of others. See similar questions...