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.
At least the National Geographic Society will remain firmly in the non-profit sector (for now). I suppose we canât be too surprised by this turn of events. After all, NatGeo has been in bed with Murdoch for nearly 20 years via its cable TV channels.nder the terms of the deal, Fox owns 73% of the fledgling NPG, with the National Geographic Society controlling 27%. Thatâs.... a little worrying, despite the fact that each partner will have equal representation on the board and governance will be shared equally between them.