As a result of something else: A person or group who receives money, advantages, etc. The meaning of beneficiary is a person or thing that receives help or an advantage from something :
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One that benefits from something. Access the pmjay beneficiary portal for information on ayushman bharat scheme, eligibility, benefits, and application process for healthcare services. For example, the beneficiary of a life insurance policy is the person who.
A beneficiary is simply the recipient of money or other benefits.
So when your big sister finally moves away to college and you get to move into her bigger bedroom? Choosing beneficiaries is crucial in estate planning. Any person or organization can be named a beneficiary of someone's property. You become a lucky beneficiary.
A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. How to use beneficiary in a sentence. The individual who owns the property or the benefactor.