Howard’s Story (Critical Illness: Terminal Illness Benefit)

Policy Amount $150,000

Critical Illness: Terminal Illness

Amount accelerated: $136, 164

Remaining Death Benefit: $7,500

Howard is 65 years old and terminally ill. His doctor recently informed him that he has less than 12 months to live. Howard decides to exercise his terminal illness rider and plans to use the money to take his children and grandchildren on a family vacation while he is still able to do so. He passes away 9 months later.

Without this living benefit, Howard may not have had the money to take his family on this special trip and enjoy his remaining time with his loved ones.

These are just a few of the many situations where living Benefits was the difference between surviving and potential financial disaster. In many cases both spouses suffer lost income when the other becomes critically ill.