单词 |
acceleration life insurance |
释义 |
Acceleration Life Insurance Acceleration Life InsuranceA life insurance policy that allows the policyholder to access a portion of the death benefit (usually about 25%) in the event of a catastrophic illness. The policy states which illnesses are eligible for this benefit. Acceleration life insurance allows the policyholder to pay for treatment of what may be a final illness while still providing for his/her beneficiaries after death. See also: Accelerated Option. |
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