What does ADB stand for?

Accelerated Death Benefit (life insurance)

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

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Samples in periodicals archive:

Advertiser for June 2009 Circle # Page # Accelerated Death Benefit Rider Prudential 11 Agent Incentives 43.

Products page

Accelerated Death Benefit Rider Advantage Many insurance companies now offer term life insurance policies that include an accelerated death benefit rider.

Term Life Insurance with An Accelerated Death Benefit

Optional features are: an accelerated death benefit for reasons of critical illness; an accident-only disability income rider; a waiver of premium rider; a children's term rider with conversion privileges; and an accidental death rider not limited to a common carrier.

A tale of two tables: product development by life insurers this year ...

The IRS considers these tax-exempt accelerated death benefits.

New life insurance market

Accelerated death benefits paid to a terminally or chronically ill person can also be excluded, even though received before death.

Counseling older clients

If it allows accelerated death benefits and you qualify, you can expect a better deal, said Joseph Belth, editor of The Insurance Forum, an industry watchdog.

Be careful when your life is worth money to a stranger

33) In addition, providers may not enter into contracts with viators whose policies provide accelerated death benefits in amounts and with prerequisites equal to those offered by the provider, unless the viator's insurer denies a request to release the accelerated death benefit in writing, or does not respond to such a request within 30 days of receipt.

How Florida regulates viatical settlement contracts

The federal income tax treatment of these accelerated death benefit payments or Viatical settlements is an issue for the insured or his or her personal representative, who is responsible for filing the decedents final income tax return.

Post-1996 Viatical settlements under Section 101 of the Internal ...