What does OBR stand for?

Optional Benefit Rider (insurance)

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

Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

The GLLB is an irrevocable optional benefit rider available only at issue of Symetra Focus Variable Annuity contracts, the cost for which is deducted from the contract's value annually on the first 10 contract anniversaries.

Symetra Keeps Focus as Others Raise Fees, Reduce Benefits on Variable ...

The company's Pennant Select(SM), PennFreedom([R]) and Enhanced Credit Variable Annuities have all been augmented with new and improved optional benefit riders at an additional cost to the variable annuity charges.

Penn Mutual Introduces New Variable Universal Life and Annuity ...

Portfolio Flexibility, More Investment Choice In many cases, when clients elect an optional benefit rider, they may only invest in selected or certain asset allocation choices.

MetLife Revamps Its Variable Annuities with New Death Benefit Rider ...