Medical bills are the last thing you want to worry about while a loved one is struck with a serious illness. Major medical procedures can be exceedingly expensive and emotionally draining for the family. Life can be unpredictable; critical illness, chronic illness, and terminal illness strike when we least expect.
- Critical illness may include heart attack, stroke, cancer, AIDs, and others. This can cause the inability to earn an income, require family members to miss work and provide care, and expensive medical bills.
- Chronic illness conditions include the inability to perform daily living activities such as bathing, continence, dressing, eating, toileting, and transferring. The inability to perform 2 of the 6 daily activities on your own will satisfy the requirements to use the rider benefits.
- Terminal illness is established when a doctor expects your condition to result in death within 24 months or less. This heartbreaking news can devastate you and your family.
Luckily there is a cost effective solution. Signature Term life insurance provided by American National Life Insurance Company of Texas is inexpensive and offers accelerated benefit riders with NO ADDITIONAL PREMIUM. Our Signature Term product includes an accelerated benefit for critical illness, chronic illness, and terminal illness.
Providing you and your family with peace of mind, these riders can protect your bank account from being drained by medical expenses and alleviate the financial burden. If a policy holder is struck with one of these types of illnesses ANTEX will provide money from your death benefit for hospital stays, treatment, medication, caregiver therapy, and other potential medical expenses. The money can be spent on ANYTHING, such as a vacation to make memories; the money is YOURS!
The riders allow for your death benefit to be paid out in full acceleration or partial acceleration. If you and your family need the highest death benefit amount available, ANTEX will honor that decision and the policy will be terminated. Partial acceleration will deduct a portion of the death benefit while keeping the remaining policy death benefit in-force. Multiple partial benefits are available if you feel you did not receive enough money or if another illness arises. This gives you and your family the money needed now, while maintaining the Signature Term life insurance policy.
Signature Term insurance with American National Life Insurance Company of Texas is a perfect way to plan for the unexpected. We never expect a loved one to be affected with such illness and hope we never have to use these additional benefits; but knowing they are available can make all the difference.