When a Social Security beneficiary dies, their family members can also get survivor benefits through a lump sum death payment ...

Increasing death benefit option: Some universal life (UL) policies offer an increasing death benefit, where the death benefit grows alongside the cash value. This option can provide greater long ...

Level death benefit: This option keeps the death benefit constant throughout the policy’s life, similar to whole life insurance. Increasing death benefit: This option increases the death benefit ...

Enhanced death benefits riders, which guarantee an annual step-up in the VA's cash value, can be used to increase a death benefit's value for the recipient.