Riders That Come Automatically with Above Coverage at no Cost
Disability
This rider comes with whole life or Universal a Term insurance. In case you are diagnosed permanently disabled, you would never pay your insurance anymore.
Chronic Illness
Chronic Illness Rider Allows early payment of part of the death benefit if the insured becomes chronically ill. Definition: Inability to perform 2+ Activities of Daily Living for ≥90 days or severe cognitive impairment. Steps: File claim → Medical certification → Choose benefit amount → Receive lump sum (tax-free under §101(g)) → Remaining death benefit reduced.
Terminal Illness
Terminal Illness Rider Pays part of the death benefit early if the insured is diagnosed with a condition expected to cause death within 24 months (12 months in some states). Steps: Apply after diagnosis → Verification → Advance 50–80% of death benefit → Remaining balance to beneficiaries (reduced by the accelerated amount). No premium charged.
Critical Illness
Critical Illness Rider Provides access to part of the death benefit upon diagnosis of a listed severe illness such as heart attack, stroke, cancer, major transplant, paralysis, or ALS. Steps: Physician certifies illness → File claim → Actuarial discount applied → Lump-sum paid (tax-free if eligible) → Remaining death benefit reduced.
Critical Injury
Critical Injury Rider Pays a portion of the death benefit if the insured suffers a qualifying injury such as coma, paralysis, severe burns, or traumatic brain injury. Steps: File claim → Medical proof → Possible waiting period → Discounted lump-sum payment → Remaining benefit reduced. Lifetime acceleration cap typically $1M (minimum $500K).
