What Does DBO Mean?

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

DBO

DBO

As the name suggests, a death benefit only life insurance plans or DBO plans offer a death benefit to the beneficiaries of a current employee in case of their death.

We hope the you have a better understanding of the meaning of DBO.

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