death benefits
Posthumous insurance payment
Death benefits are payments made to the beneficiaries of someone who has died, typically from a life insurance policy, pension plan, or employer program.
The term appears most often in insurance and employment contexts: The policy includes death benefits of $500,000.
Social Security also pays a modest death benefit to surviving spouses.
- life insuranceContract paying upon death
- insurance policyAgreement guaranteeing financial protection
- term insuranceTime-limited death benefit coverage
- pension planRetirement savings arrangement
- beneficiaryDesignated asset receiver
lump sum · wage replacement · claim filing · estate planning · inheritance law · burial insurance · double indemnity · executor · probate · annuity · trust fund · next of kin · coverage · policyholder · whole life insurance · premium · disbursement · claim
- benefitsadvantage, healthcare coverage, dental insurance, benefit, health screening
- job benefits401k, medical coverage, dental insurance, life insurance, health insurance
- auto insuranceauto insurance, car insurance, vehicle insurance, collision coverage, liability coverage
- insuranceinsurance, coverage, auto insurance, life insurance, home insurance
- labor lawlabor code, labor law, labor laws, labor standards, labour law
- life insuranceterm life, whole life, life insurance, beneficiary, premium
death benefitssurvivor benefits
Payments to deceased's dependents
salary · health benefits · wages · disability benefits · wellness benefits