Accelerated Death Benefit Rider

Definition of Accelerated Death Benefit Rider

  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.

Acronyms

  • ADBR
Compare. Calculate. Apply today.
Compare Mortgage RatesMortgage CalculatorsApply for a Mortgage