The death benefit of a term life insurance policy is the amount your beneficiaries will receive from your life insurance policy upon your death. This is paid out if the coverage was "In Force" at the time of your death.
The proceeds (death benefit) from your insurance policy are paid to your beneficiary from the insurance company.
The beneficiary of your life insurance policy makes a claim for death benefits by contacting your insurance company after you have died.
Learn more about a term life insurance death benefit and how it works.
The proceeds (death benefit) from your insurance policy are paid to your beneficiary from the insurance company.
The beneficiary of your life insurance policy makes a claim for death benefits by contacting your insurance company after you have died.
Learn more about a term life insurance death benefit and how it works.
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