death benefit

noun

Definition of death benefit

: money payable to the beneficiary of a deceased

Examples of death benefit in a Sentence

Recent Examples on the Web The contract typically states that an employee can name a beneficiary for a particular share of the death benefit. Joseph Milano, Forbes, 21 Apr. 2022 Permanent life insurance can be a powerful solution for your needs by providing a death benefit in addition to a potentially valuable asset within your portfolio. Jeff Kirshner, Forbes, 25 Apr. 2022 Then came the hard part, complicated by difficulties with his parents' estate – obtaining the Federal Emergency Management Agency's $9,000 death benefit for coronavirus deaths. Kevin Mccoy, USA TODAY, 15 Mar. 2022 This is generally the most economical approach, as premiums are a fraction of the death benefit. Jamie Hopkins, Forbes, 27 Sep. 2021 These typically pay a death benefit equivalent to an employee’s annual pay. Leslie Scism, WSJ, 2 Feb. 2022 Many union retirees are due a death benefit as well; it will be capped at $25,000 after Dec. 31. Drew Fitzgerald, WSJ, 26 Dec. 2021 Pennsylvania open-records law does not require Penn State to make employment contracts public, but the school likely will be entitled to reimbursement of the loans from the insurance policy’s death benefit. Frank Bodani, USA TODAY, 23 Nov. 2021 Focus on policies that pay the full death benefit from the outset. John Egan, Robb Report, 29 Nov. 2021 See More

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'death benefit.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of death benefit

1867, in the meaning defined above

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Time Traveler for death benefit

Time Traveler

The first known use of death benefit was in 1867

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Dictionary Entries Near death benefit

death bell

death benefit

death bill

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Statistics for death benefit

Last Updated

23 Jun 2022

Cite this Entry

“Death benefit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/death%20benefit. Accessed 26 Jun. 2022.

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More Definitions for death benefit

death benefit

noun

Legal Definition of death benefit

: 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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