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 was originally created by Warner-Amex Satellite Entertainment, at the time a division of Warner Communications and the original owner of MTV (MTV and VH1 are now both owned by Viacom Media Networks).