Exam term
Accelerated death benefit
A benefit paying part of the face amount to the owner while the insured is still living, upon a qualifying event such as terminal illness, reducing the death benefit left for the beneficiary.
Lessons that use this term
- Life settlement contracts California
- Life policy riders California
- Term, other-insured, and long-term-care riders Florida
- Dividends, incontestability, assignment, suicide, and accelerated death benefits Florida
- Dividends, incontestability, assignment, suicide, and accelerated death benefits New York
- Term, other-insured, and long-term-care riders New York
- Tax treatment of life insurance premiums, proceeds, and MECs New York
- Life settlements New York
- Long-term care optional benefits (inflation protection, nonforfeiture, shared care) and hybrid plans New York
- Dividends, incontestability, assignment, suicide, and accelerated death benefits Texas
- Tax treatment of life insurance premiums, proceeds, and MECs Texas