Advance death benefit
volume
British pronunciation/ɐdvˈans dˈɛθ bˈɛnɪfˌɪt/
American pronunciation/ɐdvˈæns dˈɛθ bˈɛnɪfˌɪt/

Definition & Meaning of "advance death benefit"

Advance death benefit
01

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

LanGeek
Download LanGeek app
langeek application

Download Mobile App

stars

app store