Death Benefits

Death benefits are a type of financial compensation paid to the Surviving Family or Beneficiary(ies) of a person who has passed away.

These benefits may be provided by an employer, a life insurance policy, a pension plan, or a government program and is meant to help pay for Funeral costs, outstanding debts, or ongoing living expenses.

The amount and type of death benefits available depend on the policy the deceased had in place and may be subject to taxes.