Common use of Acceptance and Beneficiary Designation Clause in Contracts

Acceptance and Beneficiary Designation. The Insured accepts and agrees to the foregoing and, subject to the rights of the Owner as stated above, designates as direct beneficiary and as contingent beneficiary of the portion of the proceeds described in Paragraph 1 above.

Acceptance and Beneficiary Designation. The Insured accepts and agrees to the foregoing and, subject to the rights of the Owner as stated above, designates as direct make the following beneficiary and as contingent beneficiary of designation(s) to receive the portion of the proceeds described in Paragraph 1 paragraph (1) above.:

Acceptance and Beneficiary Designation. The Insured accepts and agrees to the foregoing and, subject to the rights of the Owner as stated above, designates as direct beneficiary and as contingent beneficiary of the portion of the proceeds described in Paragraph 1 paragraph (1) above.

Acceptance and Beneficiary Designation. The Insured accepts and agrees to the foregoing and, subject to the rights of the Owner as stated above, designates _______________________________ as direct beneficiary and __________________________ as contingent beneficiary of the portion of the proceeds described in Paragraph 1 paragraph (1) above.

Acceptance and Beneficiary Designation. The Insured accepts and agrees to the foregoing and, subject to the rights of the Owner as stated above, designates ______________________________ as direct beneficiary and __________________________ as contingent beneficiary of the portion of the proceeds described in Paragraph 1 paragraph (1) above.