Beneficiary class definition

Beneficiary class or “beneficiary classes” means the class consisting of persons and families of low income and the class consisting of persons and families of moderate to low income.
Beneficiary class means a class of persons made up of the Beneficiaries.

Examples of Beneficiary class in a sentence

  • If you designate more than one Beneficiary, any Death Benefit Proceeds payable will be paid in equal shares to the survivors in the appropriate Beneficiary class, unless you submit a Request otherwise.

  • Unless the consent of the spouse expressly permits designations by the Member without a requirement of further consent by the spouse, the spouse's consent must be limited to the Beneficiary, class of Beneficiaries, or contingent Beneficiary named in the election.

  • If you do, the proceeds will be paid in equal shares to the survivors in the appropriate Beneficiary class who survive both Insureds, unless you have requested otherwise.

  • If you do, the proceeds will be paid in equal shares to the survivors in the appropriate Beneficiary class, unless you have requested otherwise.

  • If you do, the proceeds will be paid in equal shares to the survivors in the appropriate Beneficiary class who survive the last Insured, unless you have requested otherwise.

  • Unless the consent of the spouse expressly permits designations by the Member without a requirement of further consent by the spouse, the spouse’s consent must be limited to the Beneficiary, class of Beneficiaries, or contingent Beneficiary named in the election.

  • If you do, the proceeds will be paid in equal shares to the survivors in the appropriate Beneficiary class who survive the second Insured to die, unless you have requested otherwise.

  • Unless the consent of the spouse expressly permits designations by the Participant without a requirement of further consent by the spouse, the spouse's consent must be limited to the Beneficiary, class of Beneficiaries, or contingent Beneficiary named in the election.