Facility Care Acceleration Benefit* (Not approved in CA, MA, KS, NY, PA, WA). Provides an acceleration of one percent of the face amount, up to $2,000/month up to a maximum of 36 months for Licensed Adult Day Care and/or up to two percent of the face amount, up to $4,000/month up to a maximum of 18 months for inpatient resident care. Benefits cannot exceed the lesser of 36 percent of the face amount, $72,000, or the face amount of the policy less the cash value. Facility Care Accelerated Benefit not approved in all states. Terminal Illness Benefit (Not approved in MI, NY, PA, WA) Provides an acceleration of 50 percent of the original death benefit (25% in CT), base and term rider, amount including any ABI amounts, upon diagnosis of a terminal illness. 12-month waiting period. 60 day WP in AR: 30 day WP in OK, KS, IL, MD, NC, UT; 0 day WP in MA, OH, TX, VA. *Please refer to the Disclosure.manhattanlife.com website for State Variations of this benefit. Similar versions of this benefit are available in AL, AR, CT, GA, HI, IL, KY, LA, MD, ME, MI, MN, MT, NC, OH, OR, SD, TX, UT, VA, and VT. IMPORTANT: These state- specific variations override the definition listed if the insured if applying for coverage in one of these states. Please contact your ManhattanLife sales representative for complete details in a specific state.
One third of Americans say they would feel the financial impact of losing a primary wage earner within 30 days of the wage earner’sdeath. Half of Americans say they would feel the impact of a lost primary wage earner within sixmonths. LIMRA 12014 -”Fact ofLife”
Optional Benefits/Riders Choose to make some or all of these optional benefits/riders available to employees to further enhance their coverage: » Loss of Work (Not available in LA, MA, MN, MO, MT, NY, TN, VA, WA) - Waives premiums for an authorized strike, layoff, lockout, or job eliminations. Available on employee policy only. Issue ages 18-55 • Elimination period is 30 days for benefit qualification • Maximum benefit period is 6 months per occurrence; lifetime benefit maximum of 12 months • Coverage ends at anniversary of policy after age 65. Not Available in LA, MN, MO, TN, WA. » Waiver of Premium (Not available in MA, PA or UT) -The waiver is available only on employee policies ages 18 to 55. The covered person must be totally disabled for at least 180 consecutive days, and the disability must occur before age 60. Premiums are refunded after date of disability once qualified. Not available on spouse or child stand-alone policy. » Accidental Death, Dismemberment and Loss of Sight (AD&D) (Not available in FL, MA and UT) - Offers an additional payment of the life insurance benefit, to a maximum of $100,000, when a loss results from a serious accident or death. 50% of death benefit for accidental loss of: both hands, both feet, sight of both eyes, one hand and one foot, one hand and sight of one eye, or one foot and sight of one eye. Available for employee or stand-alone spouse policies. Additional benefit of the lesser of 10% or $25,000 if seat belt was in use in automobile accident. Coverage for paralysis, coma, occupational assault, and more. FL - No coverage for coma, paralysis; IL/MO - No coverage for Seat Belt, coma, Occupational assault, or paralysis. MD - no coverage for coma, occupational assault, paralysis. NY does not cover Coma, Occupational Assault, or any Dismemberment; only covers Accidental Deaths.
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