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Glossary   >   D   >   "Death benefit" Definition            Death benefit The amount payable by a life insurance company to the beneficiaries on the death of the insured (the policyholder). Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Death benefit - The amount payable by a life insurance company to the beneficiaries on the death of the insured (the policyholder).