death benefit

noun

: money payable to the beneficiary of a deceased

Examples of death benefit in a Sentence

Recent Examples on the Web Either the policy’s cash value or its death benefit in excess of the loan balance is payable to the owner or beneficiary, respectively. Michael Seltzer, Forbes, 19 July 2022 According to prosecutors, Lori started drawing the Social Security death benefits JJ received from his father, Charles Vallow. Jonathan Vigliotti, CBS News, 13 May 2023 Answer: If your current benefit was larger than the one your spouse had earned before her untimely death, then you were given the correct answer: a $255 death benefit. Liz Weston, San Diego Union-Tribune, 23 July 2023 There is also the matter of the $255 death benefit. Tom Margenau, Dallas News, 4 June 2023 In the case study, the cost of the net death benefit was determined to be about $230,000. Todd Purich, Forbes, 10 Jan. 2023 In the mid-1990s, AT&T ceased telling most new employees that their spouse would get a death benefit. Drew Fitzgerald, WSJ, 26 Dec. 2021 Instead of following a will’s directive or a trust’s beneficiary instruction, a policy’s beneficiary listing determines who receives the death benefit. Jim Farmer, Forbes, 19 Apr. 2023 In many instances, a prenuptial agreement requires each spouse to maintain life insurance on the other to ensure a level of liquidity, either from a policy’s death benefit or from its cash value. Jim Farmer, Forbes, 19 Apr. 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'death benefit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1867, in the meaning defined above

Time Traveler
The first known use of death benefit was in 1867

Dictionary Entries Near death benefit

Cite this Entry

“Death benefit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/death%20benefit. Accessed 22 Feb. 2024.

Legal Definition

death benefit

noun
: money payable to the beneficiary of a deceased as a benefit (as under a policy of life or accident insurance or a pension plan)

Note: 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.

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