I wanna offer a list of Insurance Terms for your help !

by lakemen » Sat Jul 08, 2006 04:22 am
Posts: 1260
Joined: 18 May 2005

Hi guys,

I'm here to offer you a very beneficial package of all insurance search terms at one place. This would be useful towards enhancing your knowledge and would definitely come in handy if you wanna derive the meaning of a particular insurance term.

Over here I include a very different and useful key insurance term-

Accelerated Death Benefits:

A life insurance policy option that provides policy proceeds to insured individuals over their lifetimes, in the event of a terminal illness. This is in lieu of a traditional policy that pays beneficiaries after the insured's death. Such benefits kick in if the insured becomes terminally ill, needs extreme medical intervention, or must reside in a nursing home. The payments made while the insured is living are deducted from any death benefits paid to beneficiaries.

Now I expect you guys to bring forth more n more interesting and useful search terms to be discussed in the forum.

Thanking you,
Lakemen

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