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Finance Quick Answers



What is a beneficiary?

A beneficiary is an individual, institution, trustee, or estate which receives benefits under an insurance policy, retirement plan, will, trust, annuity, or other contract.




Brenda Procter, M.S., Consumer and Family Economics, College of Human Environmental Sciences, University of Missouri-Columbia














If you'd like to learn more about this and other personal finance topics, the University of Missouri offers 'Personal & Family Finance,' a correspondence course, through the Center for Distance and Independent Study (800-609-3727). Information about this course is available at





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Last update: Monday, July 21, 2008




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