What does advance death benefit mean?
Definitions for advance death benefit
ad·vance death ben·e·fit
This dictionary definitions page includes all the possible meanings, example usage and translations of the word advance death benefit.
Princeton's WordNet
advance death benefitnoun
a percentage of death benefits paid directly to policy holders having a short life expectancy (usually 6 months)
ChatGPT
advance death benefit
An advance death benefit, also known as living benefits or accelerated death benefits, is a provision in some life insurance policies that allows policyholders to receive a portion of the death benefit before they die, typically in cases of terminal illness, severe disability or a need for long-term care. This benefit is intended to help cover the costs of medical care or other necessary expenses near the end of the policyholder's life.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of advance death benefit in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of advance death benefit in Pythagorean Numerology is: 5
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"advance death benefit." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/advance+death+benefit>.
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