GMDB full form

Meaning : Bachelor of music

Category : Education
Sub Category :Music  
Type : Initialism

What does GMDB mean or stand for ?

Guaranteed Minimum Death Benefit is a clause in an insurance claim that awards the nominee of a life insurance policy a guaranteed sum of money in the event the insurance holder dies.There are many terms and conditions associated with these policies and its best to review them before taking out a  policy.