Review your policy’s rider. Some riders state the amount of the benefit available up to a maximum amount. Other riders indicate the benefit amount will be calculated by the Company and will be determined when the claim is approved. If you still have questions, contact Customer Service for additional information.
The physician certification must be signed by a U.S.-licensed physician practicing in the state (or U.S. territory) where the physician is licensed. U.S. states and territories include the District of Columbia, Puerto Rico, the U.S. Virgin Islands and Guam. A claim certified by a U.S.-licensed physician practicing outside these U.S. states and territories is not acceptable.
It depends on the policy type, so check your policy documents. In most cases, policy owners have a one-time opportunity to file for the same illness under both the Critical Illness Accelerated Benefit Rider and the Chronic Illness Accelerated Benefit Rider.
It depends on the type of policy and rider, so check your policy and verify the name of your rider. If the rider’s name includes “Accelerated Death Benefit”:
Deferred premiums are accrued by the Company and added to a lien on each anniversary date of their policy. Deferred premiums are prorated if a death claim is received prior to an anniversary date.
Yes. If you want to receive a benefit by wire or EFT, you will need to provide a voided copy of a check to confirm the routing code and bank account number. Out-of-country wire transfers will require additional information such as an intermediary bank, which may require additional time to process the payment.