Empire Life Disability Credit Protect™ is available as an optional rider on new EstateMax®, Optimax Wealth® and Solution Series® policies. Adding this rider to your client’s new PAR or Solution Series life insurance policy can help provide an additional layer of security into their financial plan.
Upon claim approval, Empire Life Disability Credit Protect pays a monthly benefit during the benefit period to help clients cover their monthly payments for debts such as mortgage, rent or car lease if they become disabled and are unable to work.
Empire Life Disability Credit Protect Highlights
- Two benefit periods (12 months and 24 months) to choose from with competitive premium rates
- Maximum monthly benefit of 3.5% of the life insurance coverage to which the rider is attached, up to $3,500/month
- Simplified underwriting:
- The Screening Questionnaire (INS-2853) allows you to determine clients’ eligibility to apply – if all answers are “no”, it means clients are eligible to apply (must be submitted with our Life application if applying for the rider)
- Uses Life underwriting to determine if clients are qualified for coverage
Advisor toolkit
- Empire Life Disability Credit Protect Product Guide (INS-2892)
- Maximum Benefit Amount Calculator form (INS-2889)
- Pre-screening brochure (INS-2888)
- Empire Life Disability Credit Protect Consumer Brochure (INS-2893)
- Sample contract