The Chronic Illness rider gives you the option to accelerate a portion of your death benefit early if you are certified by a physician as being unable to perform at least two ADLs or activities of daily living (bathing, continence, dressing, eating, toileting, transferring) or if you require
substantial supervision due to severe cognitive impairment.
The owner must provide written evidence from a licensed physician that the insured has been certified as; (1) Being unable to perform at least two activities of daily living for at least 90 days, as defined in the rider, or (2) Requiring
substantial supervision due to severe cognitive impairment for at least 90 days, as defined in the rider.
Not exact matches
(2)
due to cognitive impairment you require
substantial supervision to protect you from threats to your health and safety.
Requires
substantial supervision by another person to protect oneself from threats to health and safety
due to Severe Cognitive Impairment, defined as deterioration or loss of intellectual capacity that is measured by clinical evidence and standardized tests, which reliably measure impairment in:
Provides an accelerated death benefit if the insured is certified by a physician within the last 12 months as unable to perform two of six Activities of Daily Living (ADLs) for 90 consecutive days, or requires
substantial supervision to protect himself or herself from threats to health and safety
due to severe cognitive impairment.
Becoming chronically ill means that the policyholder is not able to perform, without
substantial assistance from another person for a period of at least 90 days, at least two out of the six activities of daily living or requires
substantial supervision from another person, for a time period of at least 90 consecutive days, to protect the insured from threats to health and safety
due to severe cognitive impairment.
Additional benefit riders should your health status change: With the Accelerated Death Benefit for Chronic Illness Rider, up to 50 % of the policy's death benefit ($ 500,000 maximum) can be accessed in advance if a licensed health care practitioner certifies during the prior 12 - month period that the insured is unable to perform at least two of six activities of daily living for a period of at least 90 days
due to a loss of functional capacity, or has a severe cognitive impairment, requiring
substantial supervision to ensure the health and safety of him or herself.
Are certified by a licensed health care practitioner, during the prior 12 - month period, as being unable to perform at least two of six activities of daily living for a period of at least 90 days
due to a loss of functional capacity, or having a severe cognitive impairment, requiring
substantial supervision to ensure your health and safety; and
[3] A person generally is chronically ill if the person (1) is unable to perform at least two activities of daily living, such as eating, using the toilet, bathing oneself, or dressing oneself; (2) requires
substantial supervision to protect himself or herself from threats to health and safety
due to severe cognitive impairment; or (3) has a level of disability similar to that described in (1) as determined by the U.S. Secretary of Health and Human Services.
With the Chronic Illness Rider, up to 50 % of the policy's death benefit ($ 500,000 maximum) can be accessed in advance if a licensed health care practitioner certifies during the prior 12 - month period that you are unable to perform at least two of six activities of daily living for a period of at least 90 days
due to a loss of functional capacity, or have a severe cognitive impairment, requiring
substantial supervision to ensure your health and safety.3, 4,5,6
To qualify for a chronic illness, you would need to be certified by a licensed health practitioner in the last 12 months with a qualifying illness or physical condition that would prevent you from performing at least two «Activities of Daily Living», without
substantial assistance or requires
substantial supervision from another person to protect the Insured Person from threats to health and safety
due to cognitive impairment.
(2)
due to cognitive impairment you require
substantial supervision to protect you from threats to your health and safety.