Most life insurance policies offer the Accelerated Death Benefit (ADB) - a kind of provision that allows you to get a portion of your life insurance death benefit to use while they are still living. Generally, if you have a terminal illness, or depending on the policy, have a life span of 6 months to 2 years, you can receive part of your life insurance policy’s value. If you suffer from certain disabling conditions, you can still qualify for ADB irrespective of your life expectancy. Though policy guidelines may vary, you can usually take out between 50 and 80% of the policy value.