Variable Death Benefit(redirected from Variable Death Benefits)
Variable Death Benefit
A benefit in some life insurance policies where the designated beneficiary is guaranteed a minimum death benefit and an additional benefit, depending on the performance of some investment portfolio. This allows the beneficiary the possibility of a much larger death benefit that she/he would otherwise receive. However, the minimum benefit can be smaller than normal death benefits paid in other life insurance policies. See also: Variable life insurance.
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