|
  • Search Results
  • Advanced Search
  • List Builder
  • Random Word

advance death benefit

DEFINITIONS OF: advance death benefit

1

n a percentage of death benefits paid directly to policy holders having a short life expectancy (usually 6 months)

Types:
viatical settlement
cash derived from sale of an insurance policy by a terminally ill policy holder
Type of:
death benefit
insurance or pension money payable to a beneficiary of a deceased
Launch
WORD FAMILY
USAGE EXAMPLES