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Accumulation Benefits
(redirected from Accumulation Benefit)

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Accumulation Benefits
An addition to the death benefit of a life insurance policy. See also: Whole life insurance.


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With interest rates so low, the traditional products are not able to provide significant wealth accumulation benefits.
The living benefits include guaranteed minimum accumulation benefits, income benefits, and withdrawal benefits.
Accumulation benefits typically guarantee that, after 10 years, account values will be higher by small amounts, or they will guarantee amounts invested with the opportunity to periodically lock in gains in account values.
 
 
 
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