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      Question

      What is the abbreviation of ADB in

      insurance?
      A Accelerated death benefit Correct Answer Incorrect Answer
      B Actual deal benefit Correct Answer Incorrect Answer
      C Age death benefit Correct Answer Incorrect Answer
      D American deal benefit Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      An accelerated death benefit (ADB) is a benefit that can be attached to a life insurance policy that enables the policyholder to receive cash advances against the death benefit in the case of being diagnosed with a terminal illness.

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