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.
KSTP-TV was the first television station in Minnesota, signing on the air April 27, 1948, from the Prom Ballroom. It was the first NBC affiliate not owned by the network. The transmitter, located at the executive offices at 3415 University Avenue, had a 571 foot tower and an effective radiated power of 24,700 watts.