If you are diagnosed with a terminal illness that's expected to result in death within 12 months, you can apply for an accelerated benefit option equal to 80% of your basic life coverage amount, not to exceed $80,000.

Upon payment of this benefit, your life insurance is reduced by the amount approved for payment. Accelerated benefit option payments are excluded from your gross income and, therefore, are exempt from federal income tax. Please see your tax advisor regarding any other tax consequences. Upon your death, the reduced amount of life insurance will be paid to the beneficiary. Please see "Beneficiaries" for more information.

If you elect the Accelerated Benefit Option, you may still receive SurvivorSupport® Financial Counseling Services.