What Does ADB Mean?

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

ADB

ADB

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 ADB.

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