Sentence examples for beneficiary upon from inspiring English sources

Funds may also be paid out to a named beneficiary upon your passing.

If you have life insurance, the insurer pays a certain amount of money to a beneficiary upon your death.

The DRG system allows Medicare to pay a fixed amount of money for a patient's hospital stay based on the diagnosis of each beneficiary upon admission.

You can provide that the principal will be distributed to the beneficiary upon reaching a certain age, or that it will be distributed in stages as the beneficiary reaches different ages.

Another example is when one partner may imply that he or she will include the other as a beneficiary upon death.

Prepare to name a beneficiary upon death.

Second, account balances are not transferred to a member's beneficiaries upon death.

It makes sure assets that you don't include in your RLT are given to your beneficiaries upon your death.

Personal property, such as investments, vehicles, or bank accounts with a named transfer on death ("TOD") or pay on death ("POD") beneficiary passes, by law, to the beneficiaries upon the owner's death.

The third-party beneficiary's reliance upon the performance of the promisor thus can be presumed in creditor beneficiary cases, due to the nature of the transaction.

The "living benefits" of life insurance can be much more powerful than the "death benefit" your beneficiary will receive upon passing.