ABR and CV-19

“An important message from our Medical Director
 
An Accelerated Benefit Rider (ABR) provides the potential to receive a partial or full accelerated life insurance benefit if the Insured contracts the coronavirus [or is diagnosed with COVID-19] and experiences all of the following:

1. Hospitalization;

2. Inability to complete certain activities of daily living for a period of 90 days (under the Chronic Illness Rider) or irreversible damage to an organ (lungs, liver, kidneys, or heart) secondary to the severity of the disease (under the Critical Illness Rider); and

3. Significant decrease in life expectancy.
While some Insureds may fall into this category after a severe infection, it is relatively uncommon. Contracting the coronavirus and experiencing symptoms will not necessarily result in an ABR payment.”