additional death benefit

Definition

An additional payment to the beneficiary of a life insurance contract if a predefined situation, such as a premature death in a specified age range, occurs.

Related Videos




http://www.businessdictionary.com/definition/additional-death-benefit.html

Today's Top Bulls

73% Bullish
(95 Votes)
70% Bullish
(70 Votes)
69% Bullish
(49 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z