Primary vs Contingent Beneficiary Explained — Who Actually Gets the Money?
0:24
YouTubeInsurance Exam Prep by JustInsurance
Primary vs Contingent Beneficiary Explained — Who Actually Gets the Money?
Primary and contingent beneficiaries are two different layers of protection built into every life insurance policy — and skipping either one can send your death benefit straight to probate 💡 The primary beneficiary is first in line to receive the death benefit when the insured dies. This is the person or entity you specifically want to ...
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