alexa
Indianmoney.com Missed Call Number

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!

Browse by words

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Home > Financial dictionary > B > Beneficiary Clause

Beneficiary Clause

Definition of Beneficiary Clause

This is customary to most policies and they allow the policy holder to name the recipient of the death benefit. Generally the recipient will be either an individual or the customerÔÇÖs estate. It is a clever decision to make an individual the beneficiary to insure prompt payment of the death benefit.

You Recently Read

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter