Beneficiary Designation definition

Beneficiary Designation means the naming in a governing instrument of a beneficiary of an insurance or annuity policy, of an account with POD designation, of a security registered in beneficiary form (TOD), of a pension, profit-sharing, retirement, or similar benefit plan, or of another nonprobate transfer at death.
Beneficiary Designation means a document specifying the Beneficiary/Beneficiaries who is/are to receive any part of the Participant's Account in the event of the Participant's death.
Beneficiary Designation means the form of written agreement, attached hereto as Annex II, by which the Participant names the Beneficiary(ies) of the Plan.

Examples of Beneficiary Designation in a sentence

The Beneficiary designated under this Plan may be the same as or different from the Beneficiary designation under any other plan of an Employer in which the Participant participates.

The Executive’s Beneficiary designation shall be deemed automatically revoked if the Beneficiary predeceases the Executive or if the Executive names a spouse as Beneficiary and the marriage is subsequently dissolved.

The filing of a new Beneficiary designation form will cancel all Beneficiary designations previously filed.

Your Beneficiary designation must be the same for Life Insurance and AD&D Insurance death benefits.

A change in the Beneficiary designation shall take effect when the election is accepted by the Vendor.


More Definitions of Beneficiary Designation

Beneficiary Designation means a writing executed by the Participant pursuant to the following rules:
Beneficiary Designation means a testamentary or nontestamentary instrument or contract, other than an instrument creating a trust, naming the beneficiary of:
Beneficiary Designation means the written agreement, in the form attached hereto as Annex II, by which the Participant names his or her Beneficiary.
Beneficiary Designation means the designation by an owner of a motor vehicle of a beneficiary of the vehicle as provided by Section 501.0315, Transportation Code.
Beneficiary Designation means the form of written agreement, by which the Participant names the Beneficiary(ies) under the Plan.
Beneficiary Designation means an instrument, other than an instrument creating or amending a trust, naming the beneficiary of:
Beneficiary Designation means a designation made under section 71(2);