Phil Cannella sheds light on another option for those in need of long-term care and that is a life insurance policy. Some life insurance policies are structured with what is known as an ADB, Accelerated Death Benefit. Phil Cannella quotes Investopedia in explaining what an ADB means. “A benefit that can be attached to a life insurance policy that enables the policy holder to receive cash advances against the death benefit in the case of being diagnosed with a terminal illness. Many individuals who choose the accelerated death benefit have less than one year to live and use the money for treatments and other costs needed to stay alive.”