Detailed Benefits of coverage
Accelerated Benefits Rider for Terminal Illness (ABR)
Allows for the payment of a portion of an insured’s death benefit if the insured is terminally ill. Terminally ill means that the insured has been certified by a physician as having an illness or chronic condition which can reasonably be expected to result in death in 24 months or less.
Accelerated Benefits Rider for Chronic Illness (ABR)
Allows for the payment of a portion of an insured’s death benefit if the insured is chronically ill. Chronically ill means that the insured has been certified by a licensed health care practitioner as being unable to perform 2 out of 6 activities of daily living or is cognitively impaired.
The activities of daily living are:
• Bathing
• Continence
• Dressing
• Eating
• Toileting
• Transferring
Accelerated Benefits Rider for Critical Illness (ABR)
Allows for the payment of a portion of the insured’s death benefit if the insured experiences a qualifying event covered under the rider. Subject to state approval.
The qualifying events may include:
• Aorta graft surgery
• Aplastic anemia
• Blindness (corrected vision no greater than 20/200 in both eyes)
• Cancer
• Cystic fibrosis
• Diagnosis of ALS (Amyotrophic Lateral Sclerosis)
• End stage renal failure
• Heart attack
• Heart valve replacement
• Major organ transplant
• Motor neuron disease
• Stroke
• Sudden cardiac arrest
Accelerated Benefits Rider for Critical Injury (ABR)
Allows for the payment of a portion of the insured’s death benefit if the insured experiences a qualifying event covered under the rider. Subject to state approval.*
Qualifying events may include
• Coma
• Paralysis
• Severe burns
• Traumatic brain injury.
*Some providers may not carry Critical Injury
