Spreadsheet-style reference of terminal illness / accelerated death benefit provisions across multiple life insurance products. Lists per-policy eligibility (commonly life expectancy thresholds of 12 months or less; some states 24 months), typical payout caps (ranges: up to 50%–100% of face amount; some products cap at dollar limits), special first-year/accident provisions, and aggregate-acceleration limits. Examples: first 12 months returns 110% of paid premiums on natural-cause death; AIG GIWL pays full face amount for accidental death in first 24 months; several AmAm/Transamerica/UHL products allow up to 100% acceleration when diagnosed with 12 months (24 in some states) to live; Foresters limits to lesser of 95% of eligible death benefit or $500,000; TLE ROP advances up to 92% if life expectancy <24 months; SBLI Quility Term ABR cannot exceed $250,000. Intended as a quick reference for producers comparing terminal illness rider terms and limits.
Questions this document answers
110% of the paid premiums.
Full face amount.
Up to 92%.
Cannot exceed $250,000.
Lesser of 95% of the eligible death benefit on the effective date or $500,000.