Due to the complex operating environment of LED lamp beads (hereinafter referred to as LED), the test method that only considers the action of multiple stresses alone ignores the mutual influence between stresses, making it difficult to accurately obtain the life indicators of LEDs, resulting in a large deviation in the theoretical life results. In this regard, this paper proposes a multi-stress accelerated degradation evaluation method considering generalized coupling and conducts an accelerated degradation test (ADT) to evaluate the life of LEDs. We identified three stress sources and designed five new high-gradient ADTs. Through experimental data, we found that the three stress sources are strongly coupled on this LED. Then, a generalized coupling maximum likelihood estimation method (MLE) for the entire sample was constructed, and the particle swarm algorithm was used to solve the parameters. Finally, the life of this LED was evaluated based on the experimental data. The results show that the life of the LED considering multiple-stress coupling is within 6.5% of the historical life scatter point, which is more in line with the actual working environment.