death benefit
Definition
Face-amount of a life insurance policy payable to its beneficiary on the death of the insured.
death benefit is in the Accounting & Auditing and General, Marine, & Life Insurance subjects.
death benefit appears in the definitions of the following terms:
decreasing term insurance,
policy loan,
insurable interest,
variable life insurance,
variable death benefit,
acceleration life insurance,
whole life insurance,
accidental death clause,
aviation-trip life insurance,
deposit term life insurance
and
death benefit appears in the other term:
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