{"data":{"id":"us-ms/miss.-code-ann.-83-7-101","jurisdiction":"us-ms","citation":"Miss. Code Ann. § 83-7-101","heading":"Definitions.","body":"(a) “Accelerated benefits” are benefits payable under a life insurance contract:\n(i) To a policy owner, during the lifetime of the insured, in anticipation of death or upon the occurrence of specified life-threatening or catastrophic conditions as defined by the policy or rider;\n(ii) Which reduce the death benefit otherwise payable under the life insurance contract (excluding accidental death and other ancillary benefits); and\n(iii) Which are payable, in a lump sum or in periodic payments, at the option of the insured.\n(b) “Qualifying event” means one or more of the following:\n(i) A medical condition which would result in a drastically limited life span, for example, twenty-four (24) months or less;\n(ii) A medical condition which has required or requires extraordinary medical intervention, such as, but not limited to, major organ transplant or continuous artificial life support, without which the insured would die;\n(iii) A medical condition which would, in the absence of extensive or extraordinary medical treatment, result in a drastically limited life span. Such conditions may include, but are not limited to, one or more of the following:\n1. Coronary artery disease resulting in an acute infarction or requiring surgery;\n2. Permanent neurological deficit resulting from cerebral vascular accident;\n3. End stage renal failure; or\n4. Other qualifying event which the Commissioner of Insurance shall approve for any particular filing.","path":["Title 83. Insurance","Chapter 7. Life Insurance","Accelerated Benefits"],"source_url":"https://archive.org/download/gov.ms.code.ann.2018/release78.2020.07.08/gov.ms.code.title.83.odt","current_through":"2020-07-08","vintage":"Mississippi Code Release 78 (2020-07), retrieved 2026-09-17","retrieved_at":"2026-10-27T05:54:33Z","sha256":"b42c33915052ae72cf0289b9b9e31cd442107f409c63abb72443ae6ac128a267","source_id":"us-ms","stale":false,"prev":"us-ms/miss.-code-ann.-83-7-51","next":"us-ms/miss.-code-ann.-83-7-103","notices":[{"id":"open-us-law","title":"Open US Law compilation","text":"Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text.","url":"https://huggingface.co/datasets/vaquill/open-us-law","license_url":"https://creativecommons.org/licenses/by/4.0/"},{"id":"pro-ms","title":"Mississippi Release 78 supplement","text":"Mississippi electronic product files were republished by Public.Resource.Org under a public-domain dedication. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows.","url":"https://archive.org/details/gov.ms.code.ann.2018"}]},"notice":"GroundRules: Original legal text. Not legal advice."}