"Graded benefit" refers to an insurance policy or coverage that pays out lower benefits initially, and then gradually increases over time.
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«graded»
«benefit»
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Phrases with «graded benefit»
Sentences with «graded benefit»
- There are policies like that called graded benefit policies. (hinermangroup.com)
- If it doesn't look like you'll qualify for any life insurance product, you still have options, such as graded benefit plans and guaranteed issue plans. (policygenius.com)
- Life insurance companies offer graded benefit whole life to older individuals. (pocketsense.com)
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