An extra benefit payable upon the insured's death.
Related information about additional death benefit:
- Additional Death Benefit Definition | Investopedia
An amount that is paid to the beneficiary of a life insurance contract that is separate from the original death benefit. The additional death benefit acts as an extra ...
- Additional Death Benefit - Financial Dictionary - The Free Dictionary
In some life insurance policies, an extra benefit the beneficiaries of the policy receive upon the death of the policyholder, provided one's death occurs under ...
- What is ADDITIONAL DEATH BENEFIT? - The Law Dictionary
Definition of ADDITIONAL DEATH BENEFIT: An extra payment made on the event of death in life insurance. This is done if a special situation takes place at a ...
- Additional Death DistributionSM Additional Death Distribution+SM
These additional death benefit riders enhance your protection by adding a percentage of any earnings or a percentage of policy value. A rider may be added for ...
- ADD+ SM - Transamerica Annuities
An additional death benefit payout (lump sum). □. A credit to the policy value if they continue the annuity policy. In this case, the ADD+SM rider terminates ...
- Frequent Questions About Life Insurance
Accidental death benefit - this adds an additional death benefit to your policy if the insured dies from an accident. The amount typically cannot exceed the face ...
- Life insurance - Wikipedia, the free encyclopedia
First, if "paid-up additions" is elected, dividends will purchase additional death benefit which will increase the death benefit of the policy to the named beneficiary ...
- Whole Life Insurance - Easily Understood Whole Life Explanation
Let us say you like the cash value feature of the whole life policy but you need additional death benefit to protect your family you may add a 5 or 10 year term ...