noun
: a provision sometimes included in a life insurance policy prohibiting the beneficiary from assigning or anticipating payments coming due and exempting such payments from the claims of creditors of the beneficiary
noun
: a provision sometimes included in a life insurance policy prohibiting the beneficiary from assigning or anticipating payments coming due and exempting such payments from the claims of creditors of the beneficiary
Webster's New International English Dictionary. Новый международный словарь английского языка Webster. 2012