Living Need - Accelerated Benefit, Rider

The Living Need Rider, sometimes known as the Accelerated Benefit - allows the early payment of a portion of the face amount before death, should the insured become terminally ill. (The Insurance Company must produce a monthly report including the benefit amount remaining) Upon death, the early payment will be deducted from the benefit paid to the beneficiary. It could also include nursing home benefits and dread disease benefits, but does not include a disability income benefit. The rider is normally provided without a premium charge because it is an advance death benefit. 

**Your state may vary - ask your local insurance professional - If you would like help in California, please contact my office.