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Accelerated Death Benefits Rider
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Enhance Your Whole Life Insurance Policy with the Accelerated Death Benefits Rider
Life insurance is meant to provide financial security for loved ones when the policyholder passes away. But under certain circumstances it might be beneficial to access the insurance policy benefit while you are living.
Accelerated Death Benefits Rider
In the event of a terminal illness, the accelerated death benefits provision, also known as living benefits, allows the policyholder to access the insurance policy benefit. The accelerated death benefits provision is sometimes provided within your whole life insurance policy. However, the benefit is typically added as a rider, an attachment to your policy that changes the terms or coverage of your policy, to a new life insurance policy. |
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