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What is increasing death benefit?

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Anonymous

16y ago
Updated: 4/5/2020

That is where the death benefit in a life policy increases over a period of time.

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Wiki User

16y ago

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Related Questions

What is an increasing death benefit option?

The death benefit options may vary depending upon the type of life insurance purchased and the available policy provisions. A basic death benefit will provide a face amount or specified amount that remains level throughout the period of coverage. Other death benefit options provide for an increasing death benefit that includes a specified amount in addition to the accumulated cash value in the policy. Another type of death benefit option may provide for a return of premium payments in addition to the specified amount of coverage. See link for source


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What percentage of people with life insurance actually receive death benefit?

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