All > Business > Finance > Insurance > Life Insurance

• Benefits available in some life insurance policies prior to death.

  Alabama Department of Insurance - Cite This Source - This Definition
  ×

  Cite Definition for Accelerated Death Benefits

  American Psychological Association (APA)

  Accelerated Death Benefits. (n.d.). Glossary of Life Insurance Terms. Retrieved June 10, 2023, from website: http://www.expertglossary.com/definition/accelerated-death-benefits.

  Chicago Manual of Style (CMS)

  Accelerated Death Benefits. www.aldoi.gov. Glossary of Life Insurance Terms. Alabama Department of Insurance. http://www.expertglossary.com/definition/accelerated-death-benefits (accessed: June 10, 2023).

  Modern Language Association (MLA)

  "Accelerated Death Benefits." Glossary of Life Insurance Terms. Alabama Department of Insurance. 10 June. 2023 http://www.expertglossary.com/definition/accelerated-death-benefits.

• Browse Related Terms: Accelerated Death Benefits, Accidental Death Benefit, Beneficiary, Cash Value (Cash Surrender Value), Current Assumption Whole Life, Double Indemnity, Face Amount, Living Benefits, Mortality Table, Rider, Variable Life Insurance

All > Business > Finance > Insurance > Life Insurance

• A provision added to a life insurance policy for payment of an additional benefit in case of death as a result of an accident. This provision is often called "double indemnity."
  Alabama Department of Insurance - Cite This Source - This Definition
  ×

  Cite Definition for Accidental Death Benefit

  American Psychological Association (APA)

  Accidental Death Benefit. (n.d.). Glossary of Life Insurance Terms. Retrieved June 10, 2023, from website: http://www.expertglossary.com/definition/accidental-death-benefit.

  Chicago Manual of Style (CMS)

  Accidental Death Benefit. www.aldoi.gov. Glossary of Life Insurance Terms. Alabama Department of Insurance. http://www.expertglossary.com/definition/accidental-death-benefit (accessed: June 10, 2023).

  Modern Language Association (MLA)

  "Accidental Death Benefit." Glossary of Life Insurance Terms. Alabama Department of Insurance. 10 June. 2023 http://www.expertglossary.com/definition/accidental-death-benefit.

• Browse Related Terms: Accelerated Death Benefits, Accidental Death Benefit, Beneficiary, Cash Value (Cash Surrender Value), Current Assumption Whole Life, Double Indemnity, Face Amount, Living Benefits, Mortality Table, Rider, Variable Life Insurance

All > Business > Finance > Insurance > Life Insurance

• A life insurance product that provides an income either for a specified period of time or for a person's lifetime.

  Alabama Department of Insurance - Cite This Source - This Definition
  ×

  Cite Definition for Annuity

  American Psychological Association (APA)

  Annuity. (n.d.). Glossary of Life Insurance Terms. Retrieved June 10, 2023, from website: http://www.expertglossary.com/definition/annuity.

  Chicago Manual of Style (CMS)

  Annuity. www.aldoi.gov. Glossary of Life Insurance Terms. Alabama Department of Insurance. http://www.expertglossary.com/definition/annuity (accessed: June 10, 2023).

  Modern Language Association (MLA)

  "Annuity." Glossary of Life Insurance Terms. Alabama Department of Insurance. 10 June. 2023 http://www.expertglossary.com/definition/annuity.

• Browse Related Terms: Annuity, Convertible Term Insurance, Cost Index, Cost-Of-Living Rider, Guaranteed Insurability, Insured, policy, Policy Loan, Renewable Term Insurance, Straight Life Insurance, Term insurance, Term Rider, Universal life insurance, Whole Life Insurance (Straight Life or Permanent Life)

Also listed in:

• All > Business > Banking
• All > Business > Finance > Personal Finance
• All > Business > Finance > Personal Finance > Retirement
• All > Business > Real Estate
• All > Law > Intellectual Property > Patent

All > Business > Finance > Insurance > Life Insurance

• A provision in a life insurance policy that any premium not paid by the end of the grace period (usually 31 days) will be automatically paid by a policy loan if there is sufficient cash value.

  Alabama Department of Insurance - Cite This Source - This Definition
  ×

  Cite Definition for Automatic Premium Loan

  American Psychological Association (APA)

  Automatic Premium Loan. (n.d.). Glossary of Life Insurance Terms. Retrieved June 10, 2023, from website: http://www.expertglossary.com/definition/automatic-premium-loan.

  Chicago Manual of Style (CMS)

  Automatic Premium Loan. www.aldoi.gov. Glossary of Life Insurance Terms. Alabama Department of Insurance. http://www.expertglossary.com/definition/automatic-premium-loan (accessed: June 10, 2023).

  Modern Language Association (MLA)

  "Automatic Premium Loan." Glossary of Life Insurance Terms. Alabama Department of Insurance. 10 June. 2023 http://www.expertglossary.com/definition/automatic-premium-loan.

• Browse Related Terms: Automatic Premium Loan, dividend, Grace Period, Lapsed Policy, Level Premium Insurance, Loan Value, Non-forfeiture Values, Paid-up Insurance, Premium, Reinstatement, Settlement Option, Waiver of premium