Contract beneficiary definition

Contract beneficiary means an individual specified or implied in a prepaid contract for whom the funeral or cemetery services or merchandise shall be performed or furnished after death.
Contract beneficiary means the individual for whom the funeral services and supplies are being arranged.

Examples of Contract beneficiary in a sentence

  • Contract beneficiary: first name, last name/name and address Contracting institution: name and address Procedure for entrusting the contract Type of contract Date of conclusion of the contract Duration of the contract Total value of the contract Holder.........................

  • As the Total Contract Value exceeds the total Deposits to the Contract, no death benefit guarantee will apply.The EEB payable to the Contract beneficiary will be $20,000 i.e. ($150,000- $100,000) x 40%.Illustration No. 1:‌‌‌‌Anniversary DateDeposit ValueClass Deposit Year Account Value4% Auto DB Reset Benefit Determination Amount (Increasing Annually by 4% Simple Interest)Aug.

  • Provider shall not subject any Member to discrimination due to such Member’s status as a Program Contract beneficiary.

  • The probate estate includes everything owned by the decedent that is not transferred by Operation of Law (joint tenancy, etc.) or by Transfer by Contract (beneficiary designations, trust agreements, etc.).

  • The Contract beneficiary is shown on Contract Schedule I under Contract Beneficiary.


More Definitions of Contract beneficiary

Contract beneficiary means any natural person
Contract beneficiary means any natural person designated in a prepaid funeral benefits contract upon whose death funeral services or funeral merchandise, or both, shall be performed, provided, or delivered.
Contract beneficiary. Means any natural person specified or included in a purchase agreement, upon whose future death cemetery merchandise, funeral merchandise, funeral services, or a combination thereof are to be provided under the purchase agreement.
Contract beneficiary means an individual specified or
Contract beneficiary means any person specified or
Contract beneficiary means any person specified or implied in a preneed funeral contract, upon whose death fun-
Contract beneficiary means any person specified or implied in a preneed funeral contract, upon whose death funeral services, funeral goods or burial goods are to be performed, provided or delivered.