A:
2 Answers
rank
1
|
The death benefit is the main feature of any life insurance policy. The insurance company will pay the death benefit to your named beneficiary if you die while your policy is in effect. The benefit amount paid is equal to the insurance coverage amount you have at the time of your death. The death benefit is paid tax-free, under Canadian law, to a named beneficiary resident in Canada.
more
|
pourmeproteger.com
Related Videos
rank
2
|
A. Death benefit is the amount of money paid to your beneficiary if you die in an accident. The beneficiary is the person you select to receive this payment.
|
unionsecure.com
/comprehensive-accident-plan-faq.ht...
This link is broken. Help us!
Add your answer...
Top Answerers
1.
2.
3.
Top Askers
1.
2.
3.
Top Supporters
1.
2.
3.
What is a "death benefit"?
Related Questions
- In a letter dated January 2, 2003, Lucent notified U.S. management retireesregardless of their retirement ...
- Death Benefit is payable to the beneficiary upon death of the life insured. With the "Level Benefit Option", ...
- Generally, if a worker dies because of a compensable accident, the workers dependents are entitled to certain ...
- Spectacular estate tax savings can be achieved through the use of life insurance trusts which can keep all of ...