death benefit

noun

Definitions of death benefit

money given by a government authority following the death of a relative, especially a husband or a wife

When a county commissioner recently died, [his] widow received a $255 death benefit from Social Security.

money paid to a person named in an insurance agreement to receive the money following the death of the insured party

The family of a city employee who dies prematurely can receive a portion of his or her pension as a death benefit.