(Form No. R I0825-T (base policy insured and other insured))
The Monthly Disability Income Rider provides a monthly benefit, after the elimination period, if the insured becomes totally disabled (as described below) prior to the insured’s 65th birthday.
“Total disability” is a condition due to injury or sickness which keeps the insured from doing the important, substantial and material duties of their own occupation and requires a physician’s care unless the insured has reached the maximum point of recovery.
Availability: Available at time of application only to the base policy insured and one other insured. The other insured must have an insurance relationship with the policyowner and have been approved for the Other Insured Level Term Rider. Other insured premiums are based on their gender, underwriting class and age.
Issue Ages: age last birthday, as follows -
•10-year, 15-year and 20-year level premium periods, 18 through 60
•30-year level premium period, 18 through 50
Termination Age: The earlier of the end of the initial term period of the base policy to which it is attached, or the insured’s attained age 65.
Benefit Amounts: $300 through the lesser of $3,000 or 1.5 percent of base policy benefit amount; issue amounts rounded to the lowest $100 increment. Also limited to a maximum of 60 percent of the applicant’s gross earned monthly income (40 percent in California) and based on the total of all in-force and applied-for individual and group disability income benefits.
Benefit Period: Two years
Elimination Period: 90 days
Issue Limitations: Only available through Table 4 (200 percent). The rider itself cannot be rated. Disability riders are limited to one rider per insured, per policy. As attached to a specific policy, each base policy insured and other insured may apply for either the Accident-Only Disability Income Rider or the Monthly Disability Income Rider but not both. Must be employed at current job for at least one month. Government employees are eligible for coverage up to $1,000 monthly benefit. Railroad workers are eligible for up to $1,500 monthly benefit.
Underwriting: Applicants must be employed on a full-time basis with their occupation appearing in the Assurity Disability Income Insurance Occupation Guide (Refer to the Assurity Century+ Disability Income Product Guide and Occupation Guide for further underwriting guidelines.)