Acceleration Life Insurance

Business, Legal & Accounting Glossary

Definition: Acceleration Life Insurance


Acceleration Life Insurance


Full Definition of Acceleration Life Insurance


A policy that allows the insured to receive 25 percent of the death benefit before death. This is done in the case of certain medical conditions. The benefit is used on medical costs that will extend the insured’s life. Any benefit that remains is paid out in the traditional manner, to the beneficiary, upon death.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/acceleration-life-insurance/
Modern Language Association (MLA):
Acceleration Life Insurance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/acceleration-life-insurance/.
Chicago Manual of Style (CMS):
Acceleration Life Insurance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/acceleration-life-insurance/ (accessed: March 29, 2024).
American Psychological Association (APA):
Acceleration Life Insurance. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/acceleration-life-insurance/

Definition Sources


Definitions for Acceleration Life Insurance are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.