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death benefit
noun
- 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
Example Sentences
The legislation raises the death benefit from $10,000 to $50,000 for all new petitions.
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.
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.
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.
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.
His mother almost certainly will have the death benefit by then, thanks to a charity, if not the government.
These dues assure to her, while she remains in the store's employ, a weekly benefit in case of illness, and a death benefit.
These sums have continued for a year, and in case of death, a death benefit has been paid from this fund.
These societies substitute fraternal insurance for the sick and death benefit.
The death benefit in the Carpenters' union was graded in such a way as to offer an additional incentive to retain membership.
The mutual insurance association instituted by the first convention paid a disability benefit equal to the death benefit.
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