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contingent beneficiary

American  

noun

Insurance.

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

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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

From Reuters • Nov. 21, 2014

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

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.