Lump Sum Settlement Option. The insurer shall include the option to take the benefit as a lump sum in the contract payment options. The benefit may not be made available as an annuity contingent upon the life of the insured. No restrictions are permitted on the use of the proceeds. If any death benefit remains after payment of an accelerated benefit, the accidental death benefit provision, if any, in the policy or rider may not be affected by the payment of the accelerated benefit.