Survivorship benefits
Term · Insurance and risk management · MLC-T-INS-003260
Payments made to a surviving spouse or other designated beneficiaries upon the death of an insured individual, typically from a life insurance policy, annuity, or pension plan. These benefits are designed to provide financial support to dependents after the primary income earner passes away. The specific terms and amounts are outlined in the policy or plan documents.
| Identifier | MLC-T-INS-003260 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003260",
"term": "Survivorship benefits",
"field": "Insurance and risk management",
"definition": "Payments made to a surviving spouse or other designated beneficiaries upon the death of an insured individual, typically from a life insurance policy, annuity, or pension plan. These benefits are designed to provide financial support to dependents after the primary income earner passes away. The specific terms and amounts are outlined in the policy or plan documents.",
"url": "https://mlchart.com/terminology/insurance/survivorship-benefits/"
}
Record 3,385 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.