Joe’s Story (Critical Illness: Complications from COPD)

Policy Amount $200,000

Critical Illness: COPD Complications

Amount accelerated: $157,372

Remaining Death Benefit: $10,000

After 6 years, Joe is 66 years old and is suffering from complications related to COPD (Chronic Obstructive Pulmonary Disease) that have left him unable to perform 2 ADLs. His wife works full-time and is not able to provide the daily care assistance that he requires. Joe decides to exercise his chronic illness rider to help pay for his care assistance.

Two years later, Joe’s condition has not improved and he decides to exercise his rider a second time to help pay for his extensive medical costs.

Joe passes away one year later. His beneficiaries will receive his remaining death benefit which will help them pay for his final expenses.

Without living benefits, Joe and his wife would have had a hard time coming up with the money to pay for his extensive medical costs.