Effective April 29, 2022, our Accelerated Death Benefit for Chronic Illness Agreement (ADB-CIA) and our Waiver of Premium Agreement (WPA) are optional agreements we offer on our individual life insurance policies.
- ADB-CIA and WPA will no longer be available to add to inforce policies
- ADB-CIA is now approved in Florida for new Indexed Universal Life (IUL) sales (Eclipse Accumulator and Eclipse Protector II)
- New issue ages for ADB-CIA will be 25-65 (previously ages 20-80) in Florida only
- Applications received after April 28, 2022, will be subject to the new issue ages of 25-65 for ADB-CIA