A death benefit is the amount payable when the insured person dies while eligible life insurance protection is in force. It may include the stated sum assured and other contractual additions, less applicable deductions. Extra accidental death benefit can have different conditions from the basic death payment.
In Nepal, the nominee or other eligible recipient should notify the insurer and collect the required death, identity, and policy documents. The payout depends on valid coverage and the event's circumstances. Review who is entitled to receive the money rather than assuming every named contact has final ownership rights.