Recommended Term/Chronic ABR


It is still rare to find carriers willing to offer Critical and Chronic Illness ABR on term, though that is expected to change. For now, the following are two recommended ways to offer term and Chronic Illness ABR together. LSW  offers their popular ABR rider on all of their products including term which was newly repriced to be more competitive. Unlike other carriers, they do not require the Chronic condition to be certified as permanent which is another significant differentiator. Transamerica created a special term product, Trendsetter LB, that includes this rider. Note that the maximum face amount for Trendsetter LB is $999,999.

 

Recommended Term with Chronic ABR Riders
 Selected
Male - Best NT Preferred Class
 Ages
1,000,000
 With ABR - Chronic, Critical and Terminal
Term Period
35
45
55
65
75
10
LSW Level Term 10-G
*
325
735
1975
5615
20785
Trans Trendsetter LB
560
1030
2570
6490
18410
20
LSW Level Term 20-NG
*
565
1465
3475
11055
LSW Level Term 20-G
*
615
1595
3795
12115
Trans Trendsetter LB
790
1550
3790
11160
30
LSW Level Term 30-NG
*
925
2005
6115
LSW Level Term 30-G
*
1195
2635
8115
Trans Trendsetter LB
1020
2240
6490
*
P.S. Fee Commissionable, Nonmed $50k-250k