FACILITY-OF-PAYMENT CLAUSE
facility-of-payment clause. 1.Insurance. An insurance-policy provision allowing the
appointment of a person to receive payment from the insurer on the beneficiary’s behalf. [Cases:
Insurance 3468.] 2.Trusts. A trust provision that allows anyone who owes money to an
incapacitated trust beneficiary to discharge the debt by paying the money owed to the custodial
trustee.[Blacks Law 8th]