What Does Fixed Benefits Mean?

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

Fixed Benefits

Fixed Benefits

Fixed benefits are monetary payments that are delivered to the beneficiary of an insurance policy on a finite schedule and fixed amount. This means that the amount of money paid is determined by the policy and is not subject to changes.

We hope the you have a better understanding of the meaning of Fixed Benefits.

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