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    3. living benefits of life insurance»

    Definition of living benefits of life insurance

    Dictionary of Business Terms: living benefits of life insurance
    living benefits of life insurance

    benefits provided to and obtained by those insured, while still alive.

    Dictionary of Insurance Terms: living benefits of life insurance
    living benefits of life insurance

    benefits provided to and obtained by those insured, while still alive. They include the annuity, cash surrender value, Disability Income (DI), policy loan, and Waiver of Premium (WP).

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