This will depend on the insurance
policy of the deceased individual.
Not exact matches
We have guidelines and
policies in place to protect the personal information
of children as well as incapacitated or
deceased individuals
Beneficiary An
individual or
individuals, corporation, or trust that is entitled to receive the
policy proceeds
of an insurance
policy in the event that the insured is
deceased.
An
individual or
individuals, corporation, or trust that is entitled to receive the
policy proceeds
of an insurance
policy in the event that the insured is
deceased.
The lump sum is similar to the one - time benefit usually given by retirement plans because the lump sum will be given one time only, but it is the total amount
of the death benefit left by the
deceased individual's insurance
policy.