Results for tag: "Death Benefit"

The Death Benefit market within the context of Life Insurance is a type of insurance policy that pays out a lump sum or regular payments to the policyholder's beneficiaries upon their death. It is designed to provide financial security for the policyholder's family in the event of their death. Death Benefit policies can be taken out as a standalone policy or as part of a larger life insurance package. The amount of the death benefit is typically determined by the policyholder's age, health, and other factors. Death Benefit policies are typically offered by life insurance companies, banks, and other financial institutions. Some of the major companies in the market include Prudential, MetLife, Allianz, AXA, and Zurich. Show Less Read more