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2. What are contingent beneficiaries? - AOL

   www.aol.com/finance/contingent-beneficiaries...

   A contingent beneficiary, often called a secondary beneficiary, is a backup to your primary beneficiary in your life insurance policy. The contingent beneficiary comes into play only when the ...

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

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

   Contingent beneficiaries: These are the backup beneficiaries. If the primary beneficiary is no longer alive or unable to receive the money, the contingent beneficiary steps in to receive the payout.

4. What Is a Contingent Beneficiary in Life Insurance? - AOL

   www.aol.com/contingent-beneficiary-life...

   The death proceeds from life insurance policies can have multiple uses, such as paying funeral costs, paying off debt, completing mortgage payments and more. This is where contingent beneficiaries ...

5. 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.

6. Contingent beneficiary - Wikipedia

   en.wikipedia.org/wiki/Contingent_beneficiary

   A contingent beneficiary is someone who benefits from a contingent contract; they profit from a promise, which may or may be fulfilled, to do or abstain from doing a ...

7. 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. ... Contingent beneficiary: A contingent beneficiary ...

8. 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.

9. What You Need to Know About Secondary or Contingent Beneficiaries

   www.aol.com/know-secondary-contingent...

   A secondary beneficiary, also called a contingent beneficiary, is a person or entity entitled to get a distribution of assets from an estate or trust after the estate owner's death if the primary ...