Examples of death benefit in a Sentence
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Life insurance increases in value are tax deferred, and potentially, if the policy turns into a death benefit, the death benefit itself is tax-free.
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Tax Notes Staff, Forbes, 11 Dec. 2024
The beneficiary of a life insurance policy is typically not taxed on the death benefits if they are given in a lump sum.
—Brian Sloan, CNBC, 31 Dec. 2024
Legacy Planning For individuals concerned about leaving a legacy, the death benefit of an IUL provides tax-free wealth transfer to your beneficiaries.
—Andre Pennington, Forbes, 11 Dec. 2024
The amount used for care is subtracted from the death benefit, which means less money for heirs.
—Medora Lee, USA TODAY, 30 Oct. 2024
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Tax Notes Staff, Forbes, 11 Dec. 2024
The beneficiary of a life insurance policy is typically not taxed on the death benefits if they are given in a lump sum.
—Brian Sloan, CNBC, 31 Dec. 2024
Legacy Planning For individuals concerned about leaving a legacy, the death benefit of an IUL provides tax-free wealth transfer to your beneficiaries.
—Andre Pennington, Forbes, 11 Dec. 2024
The amount used for care is subtracted from the death benefit, which means less money for heirs.
—Medora Lee, USA TODAY, 30 Oct. 2024
See all Example Sentences for death benefit
Dictionary Entries Near death benefit
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“Death benefit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/death%20benefit. Accessed 9 Feb. 2025.
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