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The definitions contained herein are for general information only and are not designed for use in connection with the interpretation of any insurance policy or annuity policy issued through Insurance Answer Center.
Life Insurance Glossary Terms  4 A B C D E F G H I J K L M N O P Q R S T U V W Y

Death Benefit


This is the contractual amount payable before adjustments for outstanding loans, etc., when the person insured on a term or permanent life insurance or deferred annunity policy dies. Visit our annunity site to learn more about the different types and benefits of annuities. See also Coverage.

Previous Term: Date of Application Next Term: Death Claim Notification


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