What does Accelerated Benefits mean? Read on to discover the definition & meaning of the term Accelerated Benefits - to help you better understand the language used in insurance policies.
Provision in some life insurance policies that allows the policy holder to receive (in part or in full) the face amount of the policy before death, such as in case of serious illness or injury requiring long-term care. Also called living benefits.
We hope the you have a better understanding of the meaning of Accelerated Benefits.