A whole life policy pays a guaranteed lump sum death benefit to your beneficiary. (insuranceandestates.com)
Upon the death of the insured, the insurer pays an income tax free lump sum death benefit to the beneficiary. (termlife2go.com)
Will pay an additional lump sum death benefit, the equivalent of 100 % of the face value of the policy, if death occurs by a covered accident. (insuranceblogbychris.com)