Death benefit

The payment made to a Beneficiary from an Annuity or Policy when the Policyholder dies. also called survivor Benefit.

Related Terms: 8 Annuity, Beneficiary, Benefit, Call, Policy, Policyholder, Survivor benefit, UIT

Other Related Pages: Category: Retirement Starting With: D

Additional Related Terms: Annuity unit, All or any part, At call, Accommodative monetary policy, Accidental death benefit, All-risks coverage, Annuity, Action to quiet title, Assignment to creditors, A shares