Accelerated Death Benefit

Importance: 0.43

Is a company: no

Is a proper noun: no

Notes: More commonly referred to as a Accelerated Death Benefit Rider (ADBR).

Acronyms

  • ADB

Definition of Accelerated Death Benefit

  1. An option found in some insurance policies that allows the policyholder to request to receive benefits before they would normally be available. An accelerated benefit option can be used by terminally ill patients to receive a portion of the benefits from their life insurance policy in advance of their death.
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