accelerated death benefit Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “accelerated death benefit” in the English Dictionary

"accelerated death benefit" in Business English

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accelerated death benefitnoun [U]

uk   us  
INSURANCE an ​arrangement in some ​lifeinsurancecontracts, where in ​case of serious illness you can receive ​part of the ​payment before death in ​order to ​paymedicalbills
(Definition of accelerated death benefit from the Cambridge Business English Dictionary © Cambridge University Press)
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