settlement option
noun Insurance.
any of the options, other than immediate payment in a lump sum, by which the policyholder or beneficiary may choose to have the benefits of a policy paid.
Words nearby settlement option
settle someone's hash, settle up, settle with, settlement, settlement houses, settlement option, settlement worker, settler, settler's clock, settling, settling tank
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019