Beneficiary also means the person or organization named in a policy that will receive the life insurance in the event of an insurer’s death

In insurance, the person or organization named in a policy that will receive the life insurance in the event of an insurer’s death. – Someone to whom assets are transferred in a will (a person designated to receive any asset in a will). – A person or entity for whose benefit a trust has been established (the individual or organization who will benefit from the creation of a trust). – See destinar, legacy, endowment fund, bill of exchange.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
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https://www.gerhardmerk.de/

Zitieren

Merk, G. (Hrsg.): „Beneficiary also means the person or organization named in a policy that will receive the life insurance in the event of an insurer’s death“. In: Finanz- und Wirtschaftslexikon. https://www.gerhardmerk.de/beneficiary-also-means-the-person-or-organization-named-in-a-policy-that-will-receive-the-life-insurance-in-the-event-of-an-insurers-death/ (Stand: 25.07.2023).

Die von Universitätsprofessor Dr. Gerhard Merk begründete Sammlung wird seit Herbst 2014 von Professor Dr. Dr. h.c. Eckehard Krah redaktionell fortgeführt und um neue Begriffe ergänzt. Sollten Sie Fehler entdecken oder sonstige Hinweise haben, schreiben Sie an: info@ekrah.com

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