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


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Page URL
https://payrollheaven.com/define/acceleration-life-insurance/
Modern Language Association (MLA):
Acceleration Life Insurance. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 03, 2021 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: December 03, 2021).
American Psychological Association (APA):
Acceleration Life Insurance. PayrollHeaven.com. Retrieved December 03, 2021
, 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.