Your browser does not seem to support JavaScript. As a result, your viewing experience will be diminished, and you have been placed in read-only mode.
Please download a browser that supports JavaScript, or enable it if it's disabled (i.e. NoScript).
An accelerated option in an insurance contract allows for accelerated benefits or partial benefits sooner than they would otherwise be payable.
Share your knowledge with the community
Browse our collection of 300,000+ community-written definitions