Does a term life insurance policy offer me any benefits while I’m still living?

Yes, you may be able to access living benefits from your term life insurance policy.

If you have a terminal diagnosis you may be able to access a portion of your life insurance policy's death benefits while you are still alive.

For example, you may access up to 50% of your death benefits if you have a diagnosis with a life expectancy of 1 year or less.

However, the requirements to access accelerated death benefits from a term life insurance policy may vary by life insurance carrier.