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death benefit

   Also found in: Financial 0.05 sec.
death benefit
n.
Insurance money payable to a deceased person's stipulated beneficiary.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.death benefit - insurance or pension money payable to a beneficiary of a deceased
benefit - financial assistance in time of need
advance death benefit - a percentage of death benefits paid directly to policy holders having a short life expectancy (usually 6 months)

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? Mentioned in ? References in periodicals archive
 
Ohio National Financial Services in November 2006 strengthened its ONcore VA rider lineup with two new Guaranteed Minimum Income Benefit Plus riders and an Annual Reset Death Benefit Rider.
B designated his estate as the sole beneficiary of any pre-retirement death benefit payable under Plan X.
 
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