Life and AD&D Insurance
If You Become Terminally Ill

If you become terminally ill, you may elect to receive 75% of your life insurance benefit while you are still living (subject to a maximum of $500,000). By electing to receive a part of the benefit in advance, you forfeit that portion of the benefit amount that would have been paid to your beneficiary after your death. It is important to note that if, while you are receiving this benefit, your age changes to make you eligible for another age group, your benefit amount will be reduced accordingly. Your benefit will be paid to you in one lump sum.

You are eligible to receive a portion of your benefit if:

• You provide a written request
• You are under age 75
• You have been covered for at least 60 days
• You voluntarily elect to receive this benefit.
• Your assignee or irrevocable beneficiary must submit their signed acknowledgment and agreement for payment of this benefit.

NOTE: You are not eligible for this benefit if you are required to use this option to meet creditor claims, such as bankruptcy; or if you are required by a government agency to apply, receive, or keep government benefits.

Copyright ©2006 Valley Forge Benefits Consulting, Inc.