Life Insurance Riders
What is an accelerated death benefit rider?
An accelerated death benefit (ADB) rider allows you to access a portion of your death benefit while you are still alive if you are diagnosed with a terminal illness. Most ADB riders allow you to access 25-100% of the death benefit if you have a life expectancy of 12-24 months or less.
Key Points
- ADB rider: access death benefit while alive if terminally ill
- Typically available if life expectancy is 12-24 months or less
- Access 25-100% of the death benefit
- Reduces the death benefit paid to beneficiaries
- Often included at no additional cost