Terminal Illness Benefit family hands.jpg

The Terminal Illness Rider gives you the option to accelerate a portion of your death benefit if you are diagnosed as terminally ill with a life expectancy of one year or less.

Hypothetical Example: Terminal Illness Benefit — Howard, Age 50Terminal-Illness-Benefit.jpg

Purchases Safe Harbor Term Life with a 20-year duration and a $150,000 death benefit.


Howard is 65 years old and terminally ill. His doctor recently informed him that he has less than 12 months to live. Howard decides to exercise his terminal illness rider and plans to use the money to take his children and grandchildren on a family vacation while he is still able to do so. He passes away 9 months later.

  1. Base Policy Death Benefit = $150,000
  2. Howard accelerates 95% of his death benefit or $142,500. He receives a benefit of $134,434 which he can use for any type of expense.
  3. His remaining death benefit of $7,500 is paid to his beneficiaries upon his death. His premium is reduced proportionally.2



Without this living benefit from his Safe Harbor Term Life policy, Howard may not
have had the money to take this special trip and enjoy his remaining time with his family.