An
insurance payout refers to the money that a person or organization receives from their insurance company when they make a claim after an insured incident or event occurs.
Full definition
Synonyms for individual words can be found below.
«insurance»
«payout»
Phrases with «insurance payout»
Sentences with «insurance payout»
- Both types of life insurance payout in the event of the insured's death, but each one is applied to different needs. (usinsuranceagents.com)
- It could take as little as two weeks to receive a life insurance payout if the policy is simple. (lifeinsurance.org)
- The tax law is fair in the sense that it will usually not ask your designated beneficiary to pay taxes on your life insurance payouts when you pass away. (sapling.com)
- (see all
sentences)