Foresters Financial™ offers life insurance certificates with an Accelerated
Death Benefit Rider1 (ABR), which may provide funds when it matters most
How an ABR works
If you are diagnosed with a chronic2, critical3, or terminal4 illness, you may decide to make a claim under the Accelerated Death Benefit Rider of your insurance certificate. When you make a claim, you would indicate the portion of the death benefit you wish to accelerate. Any money received under an ABR can be used as you see fit.
A chance to survive and thrive
Survival rates for many illnesses have been increasing steadily. Yet, between medical expenses and time off work, the costs associated with battling a serious health condition can be very high. If you find yourself in this situation, an ABR may offer you the resources necessary to focus on what matters most: getting better
What you need to know before you accelerate
It’s important to note that the amount you choose to accelerate will reduce the death benefit payable to your beneficiaries. Furthermore, you should be aware that if you make a claim related to a chronic or critical illness, any payment you receive may be substantially less than the amount you seek to accelerate. This discount is due to a number of factors, such as your age, the type of insurance you have, and how long your certificate has been active. The accelerated death benefit will terminate with the certificate or earlier.