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The definitions contained herein are for general information only and are not designed for use in connection with the interpretation of any insurance policy or annuity policy issued through Insurance Answer Center.
Life Insurance Glossary Terms  4 A B C D E F G H I J K L M N O P Q R S T U V W Y

Revocable Beneficiary


The person or entity that is designated by the owner to receive the death benefit under a term insurance, permanent life insurance or annuity policy. The owner may change the revocable beneficiary at any time prior to the insured's death. See also Irrevocable Beneficiary.

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