MGDB

(redirected from Minimum Guaranteed Death Benefit)
AcronymDefinition
MGDBMinimum Guaranteed Death Benefit (insurance term)
MGDBMutiara Goodyear Development Berhad (Malaysia)
References in periodicals archive ?
The policies each had a minimum guaranteed death benefit of $2,720,000.
Variable Life Insurance: Life insurance for which the policyholder carries the investment risk, but which provides a minimum guaranteed death benefit. Actual benefits may fluctuate, depending on the market value of the investments behind the policy.
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