- death benefit
-
death benefit n: money payable to the beneficiary of a deceased as a benefit (as under a policy of life or accident insurance or a pension plan)◇ The right to death benefits is generally terminated in cases of fraud, as when an insured commits suicide after purchasing a policy or when the beneficiary murders the insured.
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- death benefit
-
n.An amount paid to a beneficiary when an insured person dies.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- death benefit
-
Insurance or pension money payable to a deceased person's designated beneficiary.Category: Business, LLCs & Corporations → Business Accounting, Bookkeeping & FinancesCategory: Business Cash Flow Problems & BankruptcyCategory: Business, LLCs & Corporations → Business Tax & DeductionsCategory: Divorce & Family LawCategory: Employment Law & HRCategory: Personal Finance & Retirement → Taxes → Tax AuditsCategory: Personal Finance & Retirement → Life InsuranceCategory: Wills, Trusts & Estates → Estates, Executors & Probate CourtCategory: Wills, Trusts & Estates → Getting Your Affairs in OrderCategory: Wills, Trusts & Estates → Estate TaxCategory: Wills, Trusts & Estates → Wills
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.