38 CFR 7.8 – Beneficiary or assignee
Current as of: 2024 | Check for updates
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The consent of a beneficiary, assignee, or any other person who may have a right or interest in the proceeds of the policy is not a prerequisite for placing a policy under the protection of the Act.
Terms Used In 38 CFR 7.8
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC