death benefit

noun

1. the amount of money to be paid under the terms of an insurance policy to the designated beneficiary upon the death of the insured.

Word History and Origins

Origin of death benefit¹

First recorded in 1920–25

Example Sentences

The legislation raises the death benefit from $10,000 to $50,000 for all new petitions.

From ProPublica

Gig Workers Collective is calling on Instacart to add occupational death benefits, on top of the shopper injury protection insurance that the company began offering in 2019, and to raise the minimum tip to 10 percent.

From Eater

It raises the parental award to $250,000 and increases the program’s death benefit, a stipend for burial and funeral expenses, from $10,000 to $50,000 — both retroactive to families currently in the program.

From ProPublica

Among other provisions, the bill raises the program’s one-time parental “award” from $100,000 to $250,000 and hikes the death benefit — a payment to cover a child’s final expenses — from $10,000 to $50,000.

From ProPublica

Florida lawmakers already are considering legislation that would increase parents’ one-time benefit from $100,000 to $250,000, as well as an amendment to raise the program’s death benefit from $10,000 to $50,000.

From ProPublica

His mother almost certainly will have the death benefit by then, thanks to a charity, if not the government.

From The Daily Beast

These dues assure to her, while she remains in the store's employ, a weekly benefit in case of illness, and a death benefit.

From Project Gutenberg

These sums have continued for a year, and in case of death, a death benefit has been paid from this fund.

From Project Gutenberg

These societies substitute fraternal insurance for the sick and death benefit.

From Project Gutenberg

The death benefit in the Carpenters' union was graded in such a way as to offer an additional incentive to retain membership.

From Project Gutenberg

The mutual insurance association instituted by the first convention paid a disability benefit equal to the death benefit.

From Project Gutenberg