noun, Insurance.
a person who becomes the beneficiary if the primary beneficiary dies or is otherwise disqualified.

Read Also:

  • Contingent-fee

    noun 1. a fee paid to a lawyer conducting a suit, especially a suit for damages, in the event that the suit is successful and generally based on a percentage of the sum recovered.

  • Contingent-liability

    noun 1. a liability dependent upon the occurrence of a particular event, as default by the maker of a guaranteed loan.

  • Contingent-worker

    noun 1. a temporary or contract worker, especially one hired for one task or project.

  • Continual

    [kuh n-tin-yoo-uh l] /kənˈtɪn yu əl/ adjective 1. of regular or frequent recurrence; often repeated; very frequent: continual bus departures. 2. happening without interruption or cessation; in time. /kənˈtɪnjʊəl/ adjective 1. recurring frequently, esp at regular intervals 2. occurring without interruption; continuous in time adj. early 14c., continuell, from Old French continuel (12c.), from Latin […]

  • Continua

    [kuh n-tin-yoo-uh m] /kənˈtɪn yu əm/ noun, plural continua [kuh n-tin-yoo-uh] /kənˈtɪn yu ə/ (Show IPA) 1. a continuous extent, series, or whole. 2. Mathematics. /kənˈtɪnjʊəm/ noun (pl) -tinua (-ˈtɪnjʊə), -tinuums 1. a continuous series or whole, no part of which is perceptibly different from the adjacent parts n. 1640s, from Latin continuum “a continuous […]

Disclaimer: Contingent-beneficiary definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.