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• In the event of an accidental death before age 85, three times your chosen life insurance benefit will be you can apply for a Living Benefit. This Living Benefit is an interest-free advance of up to 50% of your Guaranteed Issue Life benefit. The money is paid directly to you, to spend ... View Doc
Guaranteed Death Benefit
A benefit term that guarantees that the beneficiary, as named in the contract, will receive a death benefit if the annuitant dies before the annuity begins paying benefits. The benefit received differs among companies and contracts, but the beneficiary is guaranteed an amount equal to what was ... View Doc
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