Start with our application process
We’ll require some basic information from you for the underwriting process.
What To Expect
- Information submitted to underwriters
- Process can take 1 to 3 weeks based on medical history
- Underwriters determine health rating
- Rating provided by insurance company based on age and health
Living Benefits Coverage
- Living benefits that are paid out while your alive help to cover:
- Terminal illness
- Chronic illness
- Critical illness
- Critical injury
Frequently Asked Questions
What are living benefits?
What can living benefits be used for?
• Household expenses
• Adult Day Care
• Home modifications
• Regular bills
• Nursing home care
• Quality of life expenditures
Do I qualify for living benefits with a chronic illness?
Activities of Daily Living
Generally, the rider needs to be in force for a period of two years. There is an annual limit on the amount of benefits you can receive. There is also a lifetime limit on the amount of benefits you can receive across all Accelerated Benefits Riders.
How do I receive living benefits with a terminal illness?
The benefit payment will be a lump sum. There is no waiting period or annual benefit limit, but there is a lifetime limit on the amount of benefits you can receive across all Accelerated Benefits Riders. Here if you need it You can elect to either:
- Request the full acceleration, on a discounted basis, and use the lump sum as you wish.
- Choose to leave a portion of the policy’s death benefit intact and receive a partial benefit.
- Choose to leave the entire policy intact for your beneficiary.
What qualifies for living benefits with a critical illness or injury?
- ALS (Lou Gehrig’s disease)
- Aorta Graft Surgery
- Aplastic Anemia
- Cystic Fibrosis
- End Stage Renal Failure
- Heart Attack
- Heart Valve Replacement
- Major Organ Transplant
- Motor Neuron Disease
- Sudden Cardiac Arrest
Critical Injury includes:
- Severe Burns
- Traumatic Brain Injury
Will I receive the full death benefit if I receive the living benefits?
No. The actual payment you receive will be less than the portion of the death benefit accelerated because the benefits are paid prior to death. Values are based on current interest rates, the age of the policy, and your age and health.