An accelerated death benefit is a rider, or add-on, to a life insurance policy. When you have an accelerated death benefit add-on to your policy, you can access a part of your life insurance policy before you pass away if you develop a serious or terminal condition.

Many or all of the companies featured provide compensation to LendEDU. These commissions are how we maintain our free service for consumers. Compensation, along with hours of in-depth editorial research, determines where & how companies appear on our site.