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contingent beneficiary

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contingent beneficiary

–noun Insurance.
a person who becomes the beneficiary if the primary beneficiary dies or is otherwise disqualified.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Legal Dictionary

Main Entry: contingent beneficiary
see BENEFICIARY a, b
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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