Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Basic Death Benefit

The death benefit according to the terms of the original, basic contract of a life insurance policy. The basic death benefit does not include the benefit for any supplementary riders, such as an accidental death benefit (ADB) rider. For policies whose death benefit remains constant, the basic death benefit is equivalent to the face amount.

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Base Wage Rate or Base Rate

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Basic Earnings Per Share

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