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Definitions

death benefit

NOUN
insurance or pension money paid out to a deceased person's beneficiary
Synonyms


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

In a life settlement, a third party buys your insurance policy, and you typically receive between 5% and 25% of the value of the death benefit.

From Seattle Times

If you don’t, though, your insurer will subtract the amount you borrowed from the policy’s death benefit, leaving your beneficiaries with a lower payout when you die.

From Seattle Times

If gig workers are employees, they’re eligible for California workers’ compensation and death benefits.

From Los Angeles Times

It remains unclear if Ms. Russell will be entitled to any military or death benefits as a result of the change, but she said the appeal had never been about money.

From New York Times

Intelligence agencies and the military provide death benefits to the families of personnel killed on duty, but those payments don’t typically cover every cost, particularly the cost of college.

From Seattle Times