A named person (heir), a person(s), estate, or financial instrument (for example, a trust fund), named in the policy as the recipient of the guaranteed payments in the event of the policyholders death. Also known as contingent payee.
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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/summitse/public_html/wp-includes/functions.php on line 6121A named person (heir), a person(s), estate, or financial instrument (for example, a trust fund), named in the policy as the recipient of the guaranteed payments in the event of the policyholders death. Also known as contingent payee.