Rider Explanations

The Accelerated Death Benefit Rider¹ provides access to a portion of the policy death benefit in the event the Insured is diagnosed with a terminal illness that results in a life expectancy of 12 months or less. On the date the accelerated benefit payment is made, the sum insured for all remaining policy years will be reduced by the amount of the accelerated benefit.

The Accidental Death Rider¹ provides an additional amount paid to the beneficiary if the policy insured dies due to an accident. The amount payable is equal to and in addition to the specified amount shown on the Policy Specifications page, but not to exceed $500,000. The Insured’s death must have been from bodily injury caused by an accident; and

• Death occurred while this rider was in force; and
• We have due proof that accidental bodily injury was the sole cause of death; and
• Death occurred within specified number of days of the accident, as indicated in the contract.

The Additional Paid-Up Life Insurance Rider¹ provides, prior to the Insured’s attainment of age 90, the premiums paid for this rider will be used to purchase additional paid-up life insurance on the life of the Insured. This rider has a cash value in addition to the cash value of the base policy and is included in the policy’s total cash and loan values. 

The Chronic Illness Rider¹ provides access to the base policy’s death benefit in the event the insured is diagnosed as chronically ill. The owner may request once annually a portion of the death benefit be accelerated to the owner. The policy’s death benefit will be reduced by the amount accelerated.

• Chronic illness is defined as either a severe cognitive impairment or inability to perform two of the following activities of daily living: bathing, continence, dressing, eating, toileting, or transferring.
• Available to those ages 50 to 79.
• Available exclusively on Secure4Life Single Premium Universal Life insurance. 
• Subject to a 90-day elimination period.

The Disability Income Rider¹ provides protection in the event the insured becomes disabled. This protection is in addition to the death benefit of the life insurance policy and is not an acceleration of the death benefit, meaning the death benefit is not impacted should the insured become disabled and access this rider’s benefit.

Disability income benefits are offered at various benefit periods and at different amounts subject to an elimination period.

The Disability Waiver of Premium Rider¹ provides if the Insured becomes totally disabled while the rider is in force, for at least three consecutive months, except in the case of disabilities resulting from the loss of sight or limbs, the payment of premiums will be waived while there is a premium due for the policy.

The Fraternal Legacy Rider¹ grants the policyowner the opportunity to direct Catholic Order of Foresters to pay a benefit amount equal to 5.0% of the net death benefit payable, to the recognized Catholic charity of the owner’s choice. This is in addition to the policy’s named beneficiary(ies) receiving their designated death benefit.

There is no additional policy premium for this rider. The eligible policy death benefit face amount starts at $50,000. The maximum charitable contribution under the Fraternal Legacy Rider is $250,000.

The Charitable Beneficiary can be any organization whose principles are consistent with the teachings of the Roman Catholic Church and is considered exempt from federal taxation under Section 501(c)(3) of the Internal Revenue Code and eligible under Section 170(c) of the Internal Revenue Code as an authorized recipient of charitable contributions.

The Guaranteed Purchase Option Rider¹ allows a policy owner to purchase additional life insurance coverage in the future, on specified and alternate option dates, without providing evidence of insurability.

The Impaired Risk Rider¹ provides life insurance coverage on the life of a named child of the primary insured under the base policy who has an uninsurable condition.

• Available exclusively on Genesis Life policies with a face amount of $100,000 or greater.
• Available to any child with an uninsurable condition between the ages of 0-35.
• The child’s uninsurable condition must be congenital or acquired before age six (6).
• The uninsurable condition must have been continuous from the time acquired to the present.
• The death benefit is $250 in the first policy year, and $10,000 thereafter.
• After the first year and upon the death of the primary insured, a paid-up benefit in the amount of $10,000 will be provided upon the death of the named child.

The Single Premium Additional Paid-up Life Insurance Rider¹ provides that the single premium paid for this rider will be used to purchase additional paid-up life insurance on the life of the Insured. This rider has a cash value in addition to the cash value of the base policy and is included in the policy’s total cash and loan values. 

The Waiver of Monthly Deduction Rider¹ provides if the Insured becomes totally disabled, for at least three (3) consecutive months, except in the case of disabilities resulting from the loss of sight or limbs, the monthly deduction will not be deducted while total disability continues.

The Waiver of Required Minimum Premium Rider¹ provides if the Insured becomes totally disabled, while the rider is in force, for at least three consecutive months, except in the case of disabilities resulting from the loss of sight or limbs, the required minimum premium payment will be waived for the amount of premium-paying life insurance in force. While the premiums are being waived under the rider, all benefits included under the policy will continue in force.

The Waiver of Specified Premium Rider¹ provides if the Insured becomes totally disabled while the rider is in force, for at least three consecutive months, except in the case of disabilities resulting from the loss of sight or limbs, the specified premium payment will be waived for the amount of premium-paying life insurance in force. While the premiums are being waived under the rider, all benefits included under the policy will continue in force.