Chronic Illness Rider Materials Updated for 2021

We offer Accelerated Death Benefits for Terminal Illness and Chronic Illness which give clients an option to access a portion of their death benefit early. This money can provide a little more comfort during a difficult time or can be used to help cover the costs of long-term care.

For the Chronic Illness Rider, the benefit amount is capped each year by the IRS per diem limit. For 2021, this limit has increased to $400 per day (or $146,000 for the year).

The following materials have been updated to reflect the 2021 per diem limit:

• Accelerated Death Benefit Riders flyer (including a sample benefit calculation):
  National version • California version (note: California version does not use the per diem)
• Accelerated Death Benefit Rider FAQ