What Is An Accelerated Death Benefit On Life Insurance? 
An accelerated death benefit is a rider on life insurance policies -LRB- premium free on just about every policy in the market -RRB- . In short , the rider states that if you became terminally ill , you can get access to a percentage of the life insurance proceeds prior to death to help pay for certain things such as medical bills . The percentage of the face amount allowed and the number of months the carrier will allow for the diagnosis of being terminally ill will vary by company - generally up to 25 % of the face amount and either 6 or 12 months of remaining life expectancy . 