«The scheme has also confirmed that the estates of some 8,000 deceased policyholders have been paid and the process of identifying, tracing and contacting the estates of deceased policyholders continues,» Sajid Javid, economic secretary to the Treasury said back in May. (politics.co.uk)
In life insurance, claim refers to the payment made by the insurer to the family of the deceased policyholder. (policybazaar.com)
The death benefit feature of a life insurance coverage is generally treated as part of the estate of the deceased policyholder. (usacoverage.com)