death benefit

American  

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.

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Etymology

Origin of death benefit

First recorded in 1920–25

Example Sentences

See Examples For:

death benefit

“You should buy it because you want and/or need a death benefit that will last your entire life, because first and foremost, this is life insurance.”

From MarketWatch ● Jun. 16, 2026

Buyers can elect to continue the income over a spouse’s lifetime and add a death benefit for other heirs.

From The Wall Street Journal ● Jun. 10, 2026

Your husband pays $1,200 per year for a $500,000 death benefit.

From MarketWatch ● Jun. 9, 2026

They can elect to continue the income over a spouse’s lifetime and add a death benefit for other heirs.

From The Wall Street Journal ● Dec. 3, 2025

A few unions have allowed aged members to draw all or a part of their death benefit.

From Beneficiary Features of American Trade Unions by James B. Kennedy