*Receipt of accelerated death benefits may affect eligibility for public assistance programs. Benefits may also be taxable, and are not expected to receive the same favorable tax treatment as other types of accelerated death benefits that may be available.
1 Nerdwallet - What Is Life Insurance and How Does It Work?. Updated August 31, 2022. https://www.nerdwallet.com/article/insurance/how-does-life-insurance-work. Accessed April 5, 2023.
2 Policygenius - How Does Life Insurance Work. Updated March 30, 2023. https://www.policygenius.com/life-insurance/how-does-life-insurance-work/. Accessed April 5, 2023.
3 Bankrate - What Does Life Insurance Cover. Updated March 13, 2023. https://www.bankrate.com/insurance/life-insurance/what-does-life-insurance-cover/. Accessed April 5, 2023.
4 Policygenius – What Kinds of Death Are Not Covered by Life Insurance? Updated March 9, 2023. https://www.policygenius.com/life-insurance/what-kinds-of-deaths-are-not-covered-by-term-life-insurance/. Accessed April 12, 2023.
5 Policygenius - How Long Does It Take to Get a Life Insurance Payout? Updated February 4, 2023. https://www.policygenius.com/life-insurance/how-quickly-do-life-insurance-companies-pay-out-death-claims/. Accessed April 5, 2023.
Life – 68000 Series - In Arkansas, Idaho, Oklahoma, Oregon, Pennsylvania, Texas, & Virginia, Policies: ICC1368100, ICC1368200, ICC1368300, ICC1368400. In Delaware, Policies A68100-A68400. In New York, NY68100-NY68400. Term/Whole Life – B60000 Series – In Arkansas, Idaho, Oklahoma, Pennsylvania, Texas, & Virginia, Policies: ICC18B60C10, ICC18B60100, ICC18B60200, ICC18B60300, & ICC18B60400. Group Whole Life - Q60000 Series - In Arkansas, Policy Q60100CAR. In Delaware, Policy Q60200M. In Idaho Policy Q60100CID. In Oklahoma, Policy Q60100co*k. In Oregon, Policy Q60100COR. In Texas, Policy Q60100CTX. Group Term Life Q60000 Series - In Delaware, Policies Q60200C. In Arkansas, Idaho, Oklahoma, Oregon, Texas, Policies ICC18Q60200C, ICC18Q60300C, ICC18Q60400C.
The content herein is provided for general informational purposes and is not provided as tax, legal, health or financial advice for any person or for any specific situation. Employers, employees and other individuals should contact their own advisers about their situations. For complete details, including availability and costs of Aflac insurance, please contact your local Aflac agent.
Aflac insurance coverage is underwritten by American Family Life Assurance Company of Columbus. In New York, coverage underwritten by American Family Life Assurance Company of New York.
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