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Definitions for "Terminal Illness Benefit"
Keywords:  accelerate, diagnosed, illness, suffer, benefit
Related Terms: Accelerated death benefit, Accelerated death benefits, Living benefits rider, Living benefits, Accelerated death benefit rider, Accelerated benefits, Adb, Living benefit, Nonforfeiture benefit, Accidental death benefit rider, Accidental death benefit, Accidental death and dismemberment rider, Dependent life insurance, Double indemnity, Waiver of premium provision, Paid-up policy, Riders, Waiver of premium, Viatical, Paid up, Rider, Conversion policy, Exclusion rider, Death benefit, Viatical settlement, Reinstatement provision, Life insurance, Guaranteed insurability rider, Life insured, Individual life insurance, Face amount, Benefit, Cancelable, Disability benefit, Convertibility, Guaranteed renewable policy, Guaranteed renewable, Conversion, Policy lapse, Convertible term insurance, Suicide clause, Joint life insurance, Whole life policy, Life settlement, Accidental death insurance, Lapsed policy, Conversion privilege, Whole life, Exclusions, Paid-up insurance
Can be added to some policies to effectively accelerate the payment of a death benefit were you to be diagnosed as having a terminal illness.   back
hedgelands.com
An accelerated death benefit provided by some individual life insurance policies under which the insurer pays a portion of the policy's death benefit to a policyowner-insured who suffers from a terminal illness and has a life expectancy of 12 months or less.
termlifedefinition.com
A terminal illness benefit allows you to claim early on your life insurance policy if you are diagnosed with less than 12 months to live.
artog.com.au
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