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Announcing the availability of new Chronic Illness and Critical Illness features

At Nationwide®, we view life insurance as more than just a death benefit. That’s why we’ve added two new benefit features via riders to help clients when they have to face the unexpected: chronic illness and critical illness benefits. 

These riders will be automatically included on most single-life policies (with some restrictions based on age and underwriting class). There is no cost associated with these features unless they are exercised. The chronic illness and critical illness features join our terminal illness feature and make up our Living Access Benefit suite.

Nationwide Living Access Benefits

  • Chronic Illness Benefit – if you can’t care for yourself and need significant help (new!)
  • Critical Illness Benefit – if you experience a specific, serious health event (new!)
  • Terminal Illness Benefit – if your prognosis includes passing away with in the next year (existing)

Effective January 11, 2021, applicable policies will include these new features through the inclusion of the Accelerated Death Benefit for Chronic Illness Rider and/or the Accelerated Death Benefit for Critical Illness Rider.

Please see the corresponding Product Announcement from Nationwide for additional details on availability and transition guidelines.