The person(s) selected by the policyholder to receive the death benefit (life insurance proceeds) upon the death of the insured.
Beneficiary
Labels: B, Benficiary, Policyholder
The Complete Glossary of Insurance Terms
The person(s) selected by the policyholder to receive the death benefit (life insurance proceeds) upon the death of the insured.
Labels: B, Benficiary, Policyholder