Also found in: Thesaurus, Financial, Acronyms.
Insurance money payable to a deceased person's stipulated beneficiary.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
the amount of money payable to a beneficiary upon the death of the insured.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
Switch to new thesaurus
|Noun||1.||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)
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.