death benefit

noun

: money payable to the beneficiary of a deceased

Examples of death benefit in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Other riders increase the value of the death benefit. Liz Knueven, CNBC, 13 Dec. 2024 This insurance would be held outside their estate, and the income tax-free death benefit could be used to pay the taxes on the remaining IRA their children will inherit or simply serve as a direct inheritance for their children, tax-free. Jamie Farmer, Forbes, 25 Nov. 2024 Accidental death benefit rider: An additional cash benefit to your beneficiaries in the event of an accidental death. Liz Knueven, CNBC, 3 Dec. 2024 Department of Justice Erin Smith became a public advocate for line-of-duty death benefits for law enforcement officers who died by suicide after the January 6 attack. Scott MacFarlane, CBS News, 17 Oct. 2024 See all Example Sentences for death benefit 

Word History

First Known Use

1867, in the meaning defined above

Time Traveler
The first known use of death benefit was in 1867

Dictionary Entries Near death benefit

Cite this Entry

“Death benefit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/death%20benefit. Accessed 24 Dec. 2024.

Legal Definition

death benefit

noun
: money payable to the beneficiary of a deceased as a benefit (as under a policy of life or accident insurance or a pension plan)

Note: The right to death benefits is generally terminated in cases of fraud, as when an insured commits suicide after purchasing a policy or when the beneficiary murders the insured.

Last Updated: - Updated example sentences
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