Death Benefit

Death Benefit
A financial payment made to beneficiaries from a life insurance policy or similar contract after the insured person passes away.
Guaranteed Death Benefit
A safety net ensuring that beneficiaries receive value from an annuity, even if the annuitant departs early.
Viator
A Viator is a life insurance policyholder who sells their policy to receive money while still alive, motivated by medical expenses.

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