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 equal to 80% of your supplemental life insurance coverage amount, not to exceed an accelerated benefit of $500,000.

Accelerated benefits for supplemental term life insurance are also available for:

Upon payment of this benefit, the covered person's supplemental term life insurance contributions will be reduced to reflect the new lower coverage amount. Accelerated benefit option payments are excluded from gross income and, therefore, are exempt from federal income tax. Please see your tax advisor regarding any other tax consequences. Upon the covered person's 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.