Accelerated Option

Dictionary Says

Definition of 'Accelerated Option'

This term refers to an option in an insurance contract, usually in the form of a rider, that allows for accelerated benefits or partial benefits sooner than they would otherwise be payable. Alternatively, in life insurance contracts, an accelerated option can refer to the option that allows the policy holder to apply the accumulated cash value to pay off the policy.
Investopedia Says

Investopedia explains 'Accelerated Option'

One form of an accelerated option is the accelerated death benefit rider in a whole life insurance policy. The terms and conditions of receiving the benefits are outlined in advance, and almost always include a provision for benefits if the policyholder becomes terminally ill. Another form is the option to use the cash value of the policy to prepay the remaining balance of premiums due in a lump sum payment.
Search results for

'Accelerated Option'

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    ... A “vest fleece” is when the vesting time, or the date the employee must
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  • CFA Level 1 Study Guide - Derivatives - Option Prices and the Time ...

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    ... 8.13 Depreciation Accounting; 8.14 Accelerated Depreciation; 8.15 Natural Resource
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  • This ARM Has Teeth

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    ... payment options ranging from a minimum payment option, which is usually less than
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  • Be Mortgage-Free Faster

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    ... whether to make the $300 per month accelerated mortgage payments. The consumer is
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  • 6 Different Ways To Get Your MBA - Investopedia.com

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    ... Some schools offer accelerated programs where part-timers can earn their degrees
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  • CFA Level 1 Study Guide - Derivatives - Effect of Cash Flows on ...

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    ... 8.13 Depreciation Accounting; 8.14 Accelerated Depreciation; 8.15 Natural Resource
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