Additional Death Benefit(redirected from Additional Death Benefits)
Additional Death Benefit
In some life insurance policies, an extra benefit the beneficiaries of the policy receive upon the death of the policyholder, provided one's death occurs under certain, defined circumstances. For example, a policy may pay an additional death benefit if the policyholder dies before his/her retirement. The amount of the additional death benefit and the circumstances under which it is paid are defined in the policy.