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Start with our application process

We’ll require some basic information from you for the underwriting process.

What To Expect

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Underwriting Process

  • 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
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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?
Accelerated Benefits Riders are optional, no-additional cost riders that can allow you to access all or part of your death benefit while living, if you experience a qualifying terminal, chronic, or critical illness, or critical injury. The use of the benefit is unrestricted with the exception that ABR proceeds for chronic illness in the state of Massachusetts can only be used to pay for expenses incurred for Qualified Long-Term Care services.
What can living benefits be used for?
Since the benefit is unrestricted, once you qualify, you can use the benefit for any reason. Benefits might be used for, but are not limited to:
• 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?
A doctor has certified, within the past 12 months, that you are unable to perform two out of six “activities of daily living” for a period of at least 90 consecutive days without assistance, or that you are cognitively impaired.

Activities of Daily Living

  1. Bathing
  2. Continence
  3. Dressing
  4. Eating
  5. Toileting
  6. Transferring

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?
Generally, if you have been diagnosed with a terminal illness that will result in death within 24 months of certification of the illness by a physician.

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?
Critical Illness includes:

  • ALS (Lou Gehrig’s disease)
  • Aorta Graft Surgery
  • Aplastic Anemia
  • Blindness
  • Cancer
  • Cystic Fibrosis
  • End Stage Renal Failure
  • Heart Attack
  • Heart Valve Replacement
  • Major Organ Transplant
  • Motor Neuron Disease
  • Stroke
  • Sudden Cardiac Arrest

Critical Injury includes:

  • Coma
  • Paralysis
  • 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.

No Medical Exam

Convenience

Disclose any medical conditions  up front and the process is pretty easy to apply.

Quick Approval

Get your insurance rating and policy without having to see a nurse or doctor.

Coverage with health issues

Designed to help people who may not qualify for traditional policies get the coverage they need.

Receiving your benefits with critical illness or injury

Receiving your benefit
The discounted benefit you receive for the critical illness or critical injury rider takes into consideration four different categories depending on the severity of the illness:

  • Minor
  • Moderate
  • Severe
  • Life Threatening
Life Threatening Categories

The highest payout will result from the Life Threatening category. Generally, the rider needs to be in force for 30 days prior to diagnosis in order to accelerate. There is no annual limit, but there is a lifetime limit on the amount of benefits you can receive from all Accelerated Benefits Riders.

Electing options

  • 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.