Meaning Irrevocable beneficiary
What does Irrevocable beneficiary mean? Here you find 18 meanings of the word Irrevocable beneficiary. You can also add a definition of Irrevocable beneficiary yourself

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Irrevocable beneficiary


A named beneficiary whose rights to life insurance policy proceeds are vested and whose rights cannot be canceled by the policy owner unless the beneficiary consents.
Source: tdi.texas.gov (offline)

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Irrevocable beneficiary


A beneficiary to a life insurance policy that cannot be changed without his or her consent.
Source: irmi.com

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Irrevocable beneficiary


A Life Insurance beneficiary who has a vested interest in the policy proceeds during the insured’s lifetime because the policyholder only has the right to change the beneficiary designation after obtaining said beneficiary’s consent.
Source: lifeinsuranceinsights.com (offline)

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Irrevocable beneficiary


An unalterable beneficiary. The owner gives up the right to change the beneficiary designation without the beneficiary's consent.
Source: erieri.com

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Irrevocable beneficiary


a life insurance policy beneficiary who has a vested interest in the policy proceeds even during the insured's lifetime because the policy owner has the right to change the beneficiary designatio [..]
Source: naic.org

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Irrevocable beneficiary


The beneficiary under a life insurance policy not subject to change by the owner without consent of the beneficiary.
Source: conning.com (offline)

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Irrevocable beneficiary


Irrevocable beneficiary is an individual designated as beneficiary of an insurance policy, whose interest cannot be revoked without the individual's written consent. When the policy owner makes t [..]
Source: definitions.uslegal.com

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Irrevocable beneficiary


A beneficiary that cannot be changed without that beneficiary's consent.
Source: falconins.com (offline)

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Irrevocable beneficiary


A life insurance policy beneficiary who has a vested interest in the policy proceeds even during the insured’s lifetime because the policy owner has the right to change the beneficiary designation only after obtaining the beneficiary’s consent.
Source: lgamerica.com (offline)

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Irrevocable beneficiary


Beneficiary designation allowing no change to be made in the beneficiary of an insurance policy without the beneficiary's consent.
Source: einsurance.com

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Irrevocable beneficiary


A life insurance policy beneficiary who has a vested interest in the policy proceeds even during the insured’s lifetime because the policyowner has the right to change the beneficiary designation only after obtaining the beneficiary’s consent.
Source: maritimefinancial.com (offline)

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Irrevocable beneficiary


A beneficiary that cannot be changed without that beneficiary's consent.
Source: insuranceagentservice.com (offline)

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Irrevocable beneficiary


A type of beneficiary designation that cannot be changed without the written consent of the beneficiary.
Source: quickquote.com (offline)

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Irrevocable beneficiary


A beneficiary whose interest cannot be cancelled without his or her consent.
Source: transamericadirect.com (offline)

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Irrevocable beneficiary


A type of beneficiary designation that cannot be changed without the written consent of the beneficiary.
Source: squaremouth.com

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Irrevocable beneficiary


Beneficiary designation allowing no change to be made in the beneficiary of an insurance policy without the beneficiary's consent.
Source: sanchez-insuranceinc.com

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Irrevocable beneficiary


A beneficiary for whom another may not be substituted without the beneficiary’s express consent.
Source: oregonlaws.org

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Irrevocable beneficiary


A beneficiary in a life insurance policy whose designation cannot be changed without his or her consent.
Source: qcapital.com





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