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Glossary > B > "Benefits" Definition

Benefits

The monetary amounts payable by the insurance company to a claimant, assignee, or beneficiary under the terms of an insurance policy.

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Benefits - The monetary amounts payable by the insurance company to a claimant, assignee, or beneficiary under the terms of an insurance policy.

Benefits : the monetary amounts payable by the insurance company to a claimant, assignee, or beneficiary under the terms of an insurance policy.