Death Benefits

Death benefits are the financial payments provided to the beneficiaries of an insured individual or policyholder upon their death. These benefits are typically part of life insurance policies and are intended to help loved ones cover expenses such as funeral costs, debts, or ongoing financial needs. The amount is predetermined by the policy and is paid out either as a lump sum or in installments. Death benefits offer financial security and peace of mind, ensuring that dependents are supported even after the insured person's passing.