The death benefit is a lump sum of cash paid out by the life insurance company when you die. If youâve ever heard someone say, âI took out a one million dollar life insurance policy,â that one million dollars is the death benefit. The beneficiary is the person or organization that will receive the death benefit.
KHON signed on in 1952 as KONA-TV, an NBC affiliate owned by Herbert Richards. The Honolulu Advertiser purchased the station in 1954, and in 1956 the station was sold to Pacific and Southern Broadcasting, forerunner of Combined Communications. In 1965 the call letters were changed to the current KHON-TV.
It is owned by the NBCUniversal News Group, a unit of the NBCUniversal Television Group division of NBCUniversal, all of which are owned by Comcast. MSNBC and msnbc.com were founded in 1996 as a partnership between Microsoft and General Electric's NBC unit, hence the network's naming.