Sentences with phrase «home confinement rider»

Not exact matches

Included at no additional cost, the accelerated benefit insurance rider will help cover medical costs or nursing home care by allowing you to use a portion of the death benefit in the event of a terminal condition diagnosis or confinement to a nursing home facility.

Accelerated Benefit Rider: The accelerated benefit insurance rider is included at no extra cost and will help to cover your medical costs or nursing home care by allowing you to receive a portion of your life insurance policy death benefit in the event you receive a diagnosis of terminal illness or confinement to a nursing home.

Typically, for the rider to activate, the policyholder must have a medically incapacitating condition, acquire a long - term, high - cost illness, or require permanent nursing home confinement.

Riders Available: Accelerated Death Benefit, Conversion Options, Nursing Home Confinement Rider