BeneficiaryPerStirpes
(Deprecated)
| Description |
| Beneficiary Per Stirpes |
| Type : OLI_LU_BOOLEAN | |||||||||
|
| Definition |
| Permits per stirpes method of benefit sharing for beneficiaries.Per stirpes is a Latin Term used to designate a system of inheritance under which children take among them the share which their parent would have taken had he survived the decedent. Thus the children are said to claim their shares by representing their parent.TRUE indicates per stirpes is allowed. FALSE indicates per stirpes is NOT allowed. If not specified, then per stirpes is NOT allowed. |
| Parents |
| PolicyProduct |