What does GMIB stand for?

Guaranteed Minimum Income Benefit (Insurance)

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

Business, finance, etc.

Other Resources:

Search our Acronym Attic for GMIB

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Samples in periodicals archive:

Ohio National Financial Services in November 2006 strengthened its ONcore VA rider lineup with two new Guaranteed Minimum Income Benefit Plus riders and an Annual Reset

New options in annuities

Contracts may provide for potential benefits in addition to the account balance that are payable only upon annuitization, such as annuity purchase guarantees, guaranteed minimum income benefit (

Official releases: SOP 03-1 ... ethics interpretations and rulings

157 for guaranteed minimum income benefit contracts recorded in the first quarter of 2008.

CIGNA Reports Second Quarter 2008 Results