contingent beneficiary

American

noun

Insurance.

a person who becomes the beneficiary if the primary beneficiary dies or is otherwise disqualified.

Example Sentences

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See Examples For:

contingent beneficiary

Is there a way to name an alternate or contingent beneficiary in case he passes away before I do, without creating confusion or complications with my estate plan?

From MarketWatch ● Sep. 14, 2026

The 98% share would revert to the original owner’s estate, a contingent beneficiary or a direct heir.

From MarketWatch ● Aug. 26, 2026

She relies on the trust for financial support, and Higgins' wife is the contingent beneficiary.

From Reuters ● Nov. 21, 2014

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023