TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

SUBSTITUTE BENEFICIARY [2 records]

Record 1 2001-07-26

English

Subject field(s)
  • Law of Estates (common law)
CONT

A common disaster clause or survivorship clause is simply one which provides an alternative beneficiary if your spouse (or any other beneficiary) does not survive you. ... One other point should be noted regarding common disaster clauses and substitutionary beneficiaries. Where no substituted gift is provided for, the husband's assets must be administered as part of two separate and distinct estates -his own and his wife's.

French

Domaine(s)
  • Droit successoral (common law)
OBS

subrogé : Personne qui en remplace une autre par subrogation.

OBS

subrogation : Substitution d'une personne à une autre dans une relation juridique.

Spanish

Save record 1

Record 2 1986-02-19

English

Subject field(s)
  • Life Insurance

French

Domaine(s)
  • Assurance sur la vie
CONT

Le bénéficiaire doit donc restituer le capital reçu de l'assureur, soit aux héritiers du stipulant, soit au bénéficiaire subsidiaire ou substitué.

Spanish

Save record 2

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