accident death benefit

accident death benefit

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  • death benefit — n: money payable to the beneficiary of a deceased as a benefit (as under a policy of life or accident insurance or a pension plan) ◇ The right to death benefits is generally terminated in cases of fraud, as when an insured commits suicide after… …   Law dictionary

  • Accidental Death Benefit — The payment due to the beneficiary of an accidental death insurance policy, which is often a clause or a rider connected to a life insurance policy. The accidental death benefit is usually an amount paid in addition to the standard benefit… …   Investment dictionary

  • accidental death benefit — n. A payment, in addition to the compensation received by the beneficiaries of an accident insurance or life insurance policy, to be made paid if the insured suffers an accidental death. See also double indemnity. Webster s New World Law… …   Law dictionary

  • death benefit — / deθ ˌbenɪfɪt/ noun insurance benefit paid to the family of someone who dies in an accident at work …   Dictionary of banking and finance

  • accidental death benefit — a life insurance benefit, usually in the form of a rider or policy addition, under which the proceeds are payable to the beneficiary only if the insured dies by accident. [1970 75] * * * …   Universalium

  • accidental death benefit — a life insurance benefit, usually in the form of a rider or policy addition, under which the proceeds are payable to the beneficiary only if the insured dies by accident. [1970 75] …   Useful english dictionary

  • benefit — ben·e·fit n 1: something that provides an advantage or gain; specif: an enhancement of property value, enjoyment of facilities, or increase in general prosperity arising from a public improvement general benefit: a benefit to the community at… …   Law dictionary

  • benefit — See security proceeds Euroclear Clearing and Settlement glossary * * * ▪ I. benefit ben‧e‧fit 1 [ˈbenfɪt] noun 1. [countable] a good effect or advantage that something has, for example a product or service: • We will focus our marketing message… …   Financial and business terms

  • death — noun ADJECTIVE ▪ early, premature, untimely ▪ The president s untimely death has thrown the country into chaos. ▪ sudden, unexpected ▪ immediate …   Collocations dictionary

  • death — The cessation of life; permanent cessations of all vital functions and signs. Numerous states have enacted statutory definitions of death which include brain related criteria. For example, many states have adopted, sometimes with variations, the… …   Black's law dictionary

  • death — The cessation of life; permanent cessations of all vital functions and signs. Numerous states have enacted statutory definitions of death which include brain related criteria. For example, many states have adopted, sometimes with variations, the… …   Black's law dictionary


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