Q explain about death benefitdeath benefit

Finance

Q. Explain about Death Benefit?

Death Benefit - Amounts received under a life insurance contract and paid by reason of death of the insured. (Even though most death benefits are paid at termination of life, certain plans now pay accelerated death benefits whereas the insured is still alive which implies: an AIDS patient may possibly receive accelerated death benefit.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M9577995

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