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

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

  • The Contract beneficiary and the form of payment, if applicable, may be designated or changed in writing or as we may otherwise allow in our administrative procedures.

  • We have no responsibility for adverse tax consequences as the result of the Contract Holder, Participant or Contract beneficiary, as applicable, not complying with minimum distribution requirements.

  • The Contract Holder, a Participant or Contract beneficiary, as applicable, must tell us when to begin distributions.

  • The Contract Holder, you or Contract beneficiary, as applicable, must tell us when to begin distributions.


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.