insurance or pension money payable to a beneficiary of a deceased
Some examples of word usage: death benefit
1. The family of the deceased will receive a death benefit from the life insurance policy.
2. The death benefit provided by the company helped cover funeral expenses.
3. The death benefit can be paid out in a lump sum or in installments.
4. The death benefit is often used to provide financial support for the surviving family members.
5. The amount of the death benefit is determined by the terms of the insurance policy.
6. The death benefit can be used to pay off outstanding debts or mortgages.
7. It is important to designate a beneficiary to receive the death benefit.
8. The death benefit may be subject to taxation depending on the circumstances.
9. The death benefit can provide peace of mind knowing that loved ones will be taken care of financially.
10. The death benefit can be a valuable source of financial security during a difficult time.
An death benefit meaning dictionary is a great resource for writers, students, and anyone looking to expand their vocabulary. It contains a list of words with similar meanings with death benefit, allowing users to choose the best word for their specific context.
Dictionary of similar words, Different wording, Synonyms, Idioms for death benefit