Life Plus

Accelerated Death Benefit Rider®1

Life insurance is designed to give your loved ones a sense of security in their greatest time of need. But what if you could use the benefits of life insurance while you're still alive?

The Life Plus Accelerated Death Benefit Rider gives you the flexibility to access part of your policy's death benefit while you're still living. This money can then be used to help pay medical bills, mortgage and home maintenance costs, or even the trip of a lifetime.

Key Features

Available on all life insurance policies at no additional premium cost2.
Benefits can be received tax-free in many instances.
Allows an advance for a Specified Medical Condition, Terminal Illness, or a Chronic Illness (inability to perform two out of six Activities of Daily Living3).


Face Amounts
Restricted by the minimums/maximums required by the policy to which it is attached.

1 Product provisions, availability, definitions and benefits may vary by state.
2 Additional charges may apply. Certain medical histories may prevent qualification for the Life Plus Accelerated Death Benefit Rider.
3 The six Activities of Daily Living are routine daily activities generally considered necessary for a self-sustaining person to remain independent: eating, bathing, continence, dressing, toileting, and transferring. Some states define Chronic Illness as Permanent Confinement to a Nursing Home. Please contact your financial professional for details on your state. Advance will reduce the death benefit and interest will be charged. The advance may be increased to keep the policy active. In most states there is a two-year waiting period for all chronic illness claims so that no benefit is paid prior to the second policy anniversary.
4 Subject to base product's specified minimum and maximum ages.
This is a life insurance benefit that also gives you the option to accelerate some or all of the death benefit in the event that you meet the criteria for a qualifying event described in the policy. This policy does not provide long-term care insurance subject to California long-term care insurance law. This policy is not a California Partnership for Long-Term Care program policy. This policy is not a Medicare Supplement policy.
An accelerated death benefit is not to be sold as or to replace long-term care insurance, nursing home insurance, or home care insurance. An accelerated death benefit (such as the Accelerated Death Benefit Plus Rider) and long-term care insurance provide very different kinds of benefits.
Product features differ between long-term care insurance and life insurance accelerated death benefit riders. Accelerated death benefit riders pay an unrestricted advance of a portion of the life insurance death benefit when the insured experiences terminal or chronic illness as defined in the rider. You do not have to show incurred care expenses associated with an accelerated death benefit. The maximum benefit payable is based on the policy's cash value and face amount. Any advance paid will reduce the death benefit of the policy. Long-term care policies or riders, on the other hand, pay benefits based on expenses incurred by the policyholder for long-term care. The total benefits available for long-term care insurance are selected by the policyholder at issue. Long-term care insurance is a stand-alone insurance policy or a rider designed to pay for the cost of long-term care services. Long-term care insurance may include coverage for such qualifying events as institutional care, care in a nursing home or skilled nursing facility, home care coverage, hospice care, respite care, or community care.
Payment of the benefits of Columbus Life Insurance Company products is backed by the full financial strength of Columbus Life Insurance Company, Cincinnati, Ohio. Policy, rider features and benefits may vary and may not be available in all states.
Guarantees are based on the claims-paying ability of Columbus Life Insurance Company.
Life insurance products are not bank products, are not a deposit, are not insured by the FDIC, nor any other federal entity, have no bank guarantee and may lose value.
This site is intended to provide a general overview of our products. Please review each product's Producer Guide, Client Guide, and Product Specification Sheet for full product details.
Columbus Life Insurance Company, Cincinnati, OH is licensed in the District of Columbia and all states except New York.
Rider series CLR-202 1409 is available on policy series CL 85 0707, CL 86 0707, ICC10 CL 87 1006, CL 87 1006, CL 88 0707, CL 89 0806 and CL 90 0806. Rider series CLR-179 0707, CLR-179 0910, CLR-179 1208 and CLR-179 1308 are available on policy series CL 85 0709, CL 86 0707, ICC10 CL 87 1006, CL 87 1006, CL 88 0707, CL 89 0806 and CL 90 0806. Also referenced: Accelerated Death Benefit Rider Series CLR-137 0101, CLR-137 1208 and CLR-137 1308; Accelerated Death Benefit Plus Rider Series CLR-143 0101, CLR-143 1209 and CLR-143 1308.