death benefit
noun
: money payable to the beneficiary of a deceased
Example Sentences
Recent Examples on the Web New York’s Metropolitan Transportation Authority no longer pays a $500,000 death benefit to the families of subway, bus and commuter rail workers who die of COVID-19 if the workers were unvaccinated at the time of death. 
Kaiser Health News, oregonlive, 7 Nov. 2021 New York's Metropolitan Transportation Authority no longer pays a $500,000 death benefit to the families of subway, bus and commuter rail workers who die of covid if the workers were unvaccinated at the time of death. Michelle Andrews, CNN, 3 Nov. 2021 The distribution of the cash value and/or death benefit among employee and employer. Joseph Milano, Forbes, 21 Apr. 2022 So, the death benefit is $120,376 higher than for other vaccines ($250,000). Adam Andrzejewski, Forbes, 4 Nov. 2021 Matthew O’Shea that will provide a death benefit to spouses of Chicago first responders who died by suicide. Alice Yin, Chicago Tribune, 22 June 2022 Lightfoot made the comments after aldermen approved an ordinance Wednesday providing a death benefit to spouses of first responders who die by suicide. Gregory Pratt, Chicago Tribune, 23 June 2022 The contract typically states that an employee can name a beneficiary for a particular share of the death benefit. Joseph Milano, Forbes, 21 Apr. 2022 Permanent life insurance can be a powerful solution for your needs by providing a death benefit in addition to a potentially valuable asset within your portfolio. Jeff Kirshner, Forbes, 25 Apr. 2022 See More
Kaiser Health News, oregonlive, 7 Nov. 2021 New York's Metropolitan Transportation Authority no longer pays a $500,000 death benefit to the families of subway, bus and commuter rail workers who die of covid if the workers were unvaccinated at the time of death. Michelle Andrews, CNN, 3 Nov. 2021 The distribution of the cash value and/or death benefit among employee and employer. Joseph Milano, Forbes, 21 Apr. 2022 So, the death benefit is $120,376 higher than for other vaccines ($250,000). Adam Andrzejewski, Forbes, 4 Nov. 2021 Matthew O’Shea that will provide a death benefit to spouses of Chicago first responders who died by suicide. Alice Yin, Chicago Tribune, 22 June 2022 Lightfoot made the comments after aldermen approved an ordinance Wednesday providing a death benefit to spouses of first responders who die by suicide. Gregory Pratt, Chicago Tribune, 23 June 2022 The contract typically states that an employee can name a beneficiary for a particular share of the death benefit. Joseph Milano, Forbes, 21 Apr. 2022 Permanent life insurance can be a powerful solution for your needs by providing a death benefit in addition to a potentially valuable asset within your portfolio. Jeff Kirshner, Forbes, 25 Apr. 2022 See More Word History
First Known Use
1867, in the meaning defined above
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.