We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Secondary Beneficiary definition

Secondary Beneficiary means a beneficiary, other than a qualified benefici- ary, whose beneficial interest in the trust, at the time the determination of interest is made, is contingent solely upon the termi- nation of all qualified beneficiary interests that precede the interest of the secondary beneficiary.
Secondary Beneficiary means a dependant of the primary beneficiary;
Secondary Beneficiary means the person or persons designated by a Participant in a Designation of Beneficiary Form filed with the Corporation’s Secretary to receive payments under the Plan if the Participant’s primary Beneficiary should predecease Participant.

Examples of Secondary Beneficiary in a sentence

  • Use this form to request a change of either your Primary or Secondary Beneficiary designations or percentage allocations.

  • I further understand that if I am not survived by a Primary or Secondary Beneficiary, my Beneficiary shall be as set forth under the Agreement.

  • A new choice of Primary Beneficiary or Secondary Beneficiary will not apply to any payment made or action taken by the Company prior to the time it was recorded.

  • If the Primary Beneficiary dies prior to the Owner, the Secondary Beneficiary becomes the Primary Beneficiary.

  • Any new choice of Owner, Primary Beneficiary or Secondary Beneficiary will revoke any prior choice.


More Definitions of Secondary Beneficiary

Secondary Beneficiary refers to Chrysler México.
Secondary Beneficiary means a beneficiary designated under the governing instrument who will receive an interest in an asset if the designation of the primary beneficiary is revoked or otherwise cannot be given effect.
Secondary Beneficiary. [include address and relationship]:
Secondary Beneficiary means the surviving spouse of a primary beneficiary;
Secondary Beneficiary. (Applicable if Primary Beneficiary predeceases the Grantee)
Secondary Beneficiary. : _______________________________ Relationship: _______________________________ Address: _______________________________ Phone: _______________________________
Secondary Beneficiary. This Beneficiary Designation hereby revokes any prior Beneficiary Designation which may have been in effect.