advance death benefit Synonyms

No Synonyms and anytonyms found

advance death benefit Meaning

Wordnet

advance death benefit (n)

a percentage of death benefits paid directly to policy holders having a short life expectancy (usually 6 months)

advance death benefit Sentence Examples

1. Many life insurance policies offer an advance death benefit to help policyholders during times of financial hardship.
2. The advance death benefit provides a portion of the life insurance proceeds to the policyholder before their passing.
3. Policyholders facing terminal illnesses may choose to access the advance death benefit to cover medical expenses and end-of-life costs.
4. The insurance company explained the eligibility criteria for the advance death benefit, which often includes a terminal illness diagnosis.
5. Families appreciate the peace of mind that comes with the availability of an advance death benefit, knowing they can handle immediate financial needs.
6. John decided to take advantage of the advance death benefit to secure funds for his medical treatment as he battled a terminal illness.
7. The insurance policy's rider outlined the specific conditions under which the advance death benefit could be activated.
8. The advance death benefit serves as a valuable resource for individuals who want to make arrangements or fulfill wishes before passing away.
9. Policyholders should carefully review the terms and conditions of the advance death benefit to understand the implications for their coverage.
10. In times of distress, the availability of an advance death benefit can provide much-needed financial support for families dealing with a terminal illness.

FAQs About the word advance death benefit

What is the meaning of the word advance death benefit

a percentage of death benefits paid directly to policy holders having a short life expectancy (usually 6 months)

What are the synonyms of the word advance death benefit

No synonyms found.

What are the antonyms of the word advance death benefit

No antonyms found.

What is the usage of word advance death benefit

Many life insurance policies offer an advance death benefit to help policyholders during times of financial hardship.

The advance death benefit provides a portion of the life insurance proceeds to the policyholder before their passing.

How to use the word advance death benefit in a sentence?

Policyholders facing terminal illnesses may choose to access the advance death benefit to cover medical expenses and end-of-life costs.

The insurance company explained the eligibility criteria for the advance death benefit, which often includes a terminal illness diagnosis.