Term Accelerated Death Benefits
Code LH-4000.0500
Definition Programs that issue life insurance policies which include an accelerated benefits provision that enables policy holders who are terminally ill to collect a percentage of their death benefit as an early payment under designated circumstances.
Created 1/27/97
Changed 11/27/07
Use References Accelerated Life Insurance Benefits
Living Benefits
See Also References Life Insurance (NS-4500)
Viatical Settlements (LH-4000.9000)
External Classification Terms Health (CAN HC-300)
Health Care (AIRS HC-300)
Medical Expense Assistance (NPC E08.07)
Patient & Family Support (NTE E86)
Related Concepts Death and Dying
Financial Services/Benefits
Insurance
Long Term Care
Facet Service
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Bibliographic References

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