death benefit

• Geldbetrag, der Hinterbliebenen oder Begünstigten nach dem Tod einer Person ausgezahlt wird, meist aus einer Lebensversicherung oder einem Pensionsplan.

A sum of money paid to the beneficiaries of a deceased person, typically under a life insurance policy or pension plan.

1. Insurance payoutB2formal

   A sum of money paid to the beneficiary of a life insurance policy upon the death of the insured person.

   Todesfallleistung

   • The widow received the death benefit from her husband's life insurance policy.
   • Death benefits are typically tax-free for the beneficiary.
   • He named his children as the primary recipients of the death benefit.