contingent beneficiary

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

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Universalium. 2010.

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  • contingent — con·tin·gent /kən tin jənt/ adj 1: likely but not certain to happen compare executory 2: intended for use in circumstances not completely foreseen a contingent fund 3: dependent on or conditioned by something else …   Law dictionary

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