MLchartDataset catalogue

Life insurance avails

Term · Law · MLC-T-LAW-003041

The proceeds or benefits paid out from a life insurance policy upon the death of the insured. These funds are distributed to the designated beneficiaries according to the terms of the policy. The avails may be subject to estate taxes or creditor claims depending on the jurisdiction and policy structure.

Table 1. Record
IdentifierMLC-T-LAW-003041
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-003041",
  "term": "Life insurance avails",
  "field": "Law",
  "definition": "The proceeds or benefits paid out from a life insurance policy upon the death of the insured. These funds are distributed to the designated beneficiaries according to the terms of the policy. The avails may be subject to estate taxes or creditor claims depending on the jurisdiction and policy structure.",
  "url": "https://mlchart.com/terminology/law/life-insurance-avails/"
}

Record 2,995 of 5,445 in Law terminology (MLC-0107). Request the full dataset.