the benefit payable if the holder of a life insurance policy dies before the policy matures
Examples of 'death benefit' in a sentence
death benefit
I remain resolute in my claim that it incorrectly distributed the death benefits.
Times, Sunday Times (2008)
For example, they include death benefits before and after retirement, and they offer special arrangements for employees who retire as a result of disability.
Charles A. D'Ambrosio & Stewart D. Hodges & Richard Brealey & Stewart Myers Principles of Corporate Finance (1991)