death benefit

• Cantidad de dinero que se paga a los beneficiarios de una persona fallecida, normalmente según una póliza de seguro de vida o un plan de pensiones.

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.

   beneficio por fallecimiento

   • 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.