MLchartDataset catalogue

Life insurance benefit

Term · Economic statistics · MLC-T-ECS-001072

Lump-sum payment to a designated beneficiary or beneficiaries of a deceased employee.

Note: Companies may provide a basic amount of life insurance benefits, which may vary with an employee’s age, income, and occupation. Companies also may allow employees to pay for additional amounts of coverage.

Table 1. Record
IdentifierMLC-T-ECS-001072
FieldEconomic statistics
ReferencesBLS Glossary
Record as JSON 
{
  "id": "MLC-T-ECS-001072",
  "term": "Life insurance benefit",
  "field": "Economic statistics",
  "definition": "Lump-sum payment to a designated beneficiary or beneficiaries of a deceased employee.\n\nNote: Companies may provide a basic amount of life insurance benefits, which may vary with an employee’s age, income, and occupation. Companies also may allow employees to pay for additional amounts of coverage.",
  "references": [
    "BLS Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/life-insurance-benefit/"
}

Record 1,072 of 2,177 in Economic statistics terminology (MLC-0116). Request the full dataset.