What Does Accelerated Death Benefit Mean?

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What does Accelerated Death Benefit mean? Read on to discover the definition & meaning of the term Accelerated Death Benefit - to help you better understand the language used in insurance policies.

Accelerated Death Benefit

Accelerated Death Benefit

An accelerated death benefit (ADB) is a supplemental benefit or rider to a life insurance contract. It entitles the policyholder to cash advances from the policy's death benefit in case they get diagnosed with a terminal illness.

We hope the you have a better understanding of the meaning of Accelerated Death Benefit.

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