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WORDDESCRIPTION
Death BenefitThe amount of money paid to the beneficiary when the insured person dies.
Deferment periodThe period from the date of commencement of the policy to the vesting date.
Deferred AnnuityA policy where the holder chooses to take the first payment after a specified period that exceeds a year.
Double CoverAn additional sum that is equal to the sum assured that is payable when the claim is raised.
Double IndemnityPayment of twice the basic benefit in the event of loss resulting from specified causes or under specified circumstances.
 
 

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