advance death benefit

1. 1.

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

   Broaderdeath benefit

   Narrowerviatical settlement

Questions about advance death benefit

What does advance death benefit mean?

advance death benefit means "a percentage of death benefits paid directly to policy holders having a short life expectancy (usually 6 months)".

Is advance death benefit a common word?

advance death benefit is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.