Insurance Glossary

Industry jargon and unfamiliar terminology can be confusing.

No insurance resource would be complete without a helpful menu of terms and concepts. This information-rich list will help you make sense of the solutions you are considering.

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Accelerated Death Benefit

A living benefit rider available with life insurance policies. Allows the policy holder to receive cash advances as a pre-payment of the death benefit if diagnosed with a terminal illness. Enables individual to pay for treatments and comfort while also protecting his/her family after death.