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2. Choosing a life insurance beneficiary - AOL

   www.aol.com/finance/choosing-life-insurance...

   A life insurance beneficiary is the individual or entity designated to receive the policy’s death benefits upon the policyholder’s passing. ... reach the intended recipients. In terms of what ...

3. Third-party beneficiary - Wikipedia

   en.wikipedia.org/wiki/Third-party_beneficiary

   A donee beneficiary can sue the promisor directly to enforce the promise. (Seaver v. Ransom, 224 NY 233, 120 NE 639 [1918]). A donee beneficiary is when a contract is made expressly for giving a gift to a third party, the third party is known as the donee beneficiary. The most common donee beneficiary contract is a life insurance policy.

4. Uniform Simultaneous Death Act - Wikipedia

   en.wikipedia.org/wiki/Uniform_Simultaneous_Death_Act

   The Act may also help to resolve a life insurance case where the insured and beneficiary die in a common disaster. Different rules apply for insurance. For example, Carol has a life insurance policy through her employer. Her husband Dave is its beneficiary. They are both killed in a car crash, dying at or near the same time.

5. Interpleader - Wikipedia

   en.wikipedia.org/wiki/Interpleader

   Suppose a person dies with a valid life insurance policy in effect. The insurance company is ready, willing, and able to pay the policy proceeds in specified percentages to named beneficiaries as last directed by the policyholder, but becomes aware of a dispute among them and/or third parties as to who are the proper beneficiaries or the proper distribution of proceeds among the beneficiaries.

6. Life Insurance Beneficiary vs. Will: Do I Need Both? - AOL

   www.aol.com/life-insurance-beneficiary-vs-both...

   However, life insurance beneficiaries can conflict with the terms in your will if you aren't thorough. Your life insurance beneficiary designation usually supersedes your will. So …

7. My mom wants me to sign over my $250K beneficiary check ... - AOL

   www.aol.com/finance/mom-wants-sign-over-250k...

   Consider the case of Riley, who received a $250,000 check after being named the beneficiary of her dad’s life insurance policy. Riley’s mom inherited her husband’s retirement savings and the ...

8. What happens if your life insurance beneficiary dies ... - AOL

   www.aol.com/finance/happens-life-insurance...

   What happens if the owner of a life insurance policy dies before the insured? When the owner of a life insurance policy passes away before the insured, things can get a bit tricky. If the owner ...

9. Beneficiary - Wikipedia

   en.wikipedia.org/wiki/Beneficiary

   A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example, the beneficiary of a life insurance policy is the person who receives the payment of the amount of insurance after the death of the insured. In trust law, beneficiaries are also known as cestui que use.