If the insured is alive at the end of your term period, then the beneficiary does not receive the payout of the death benefit. (mylifeinsurancequotes123.com)
If you've won a lottery and are receiving the payout in monthly installments, you may be able to sell it for a single payout. (toptenreviews.com)
The accidental death insurance component is similar to life insurance in that your beneficiary receives a payout if you pass away. (valuepenguin.com)