Versatile Life ® - Living Benefit Rider

Attached to all Versatile Life policies automatically. A no cost accelerated death benefit rider that allows for early payment of part of a policy’s death benefit if the Insured is expected to live no longer than 12 months. Payment will be made to the owner of the policy in a lump sum. Maximum amount available is 50% of the difference between the death benefit and the cash surrender value (ignoring any loans) exclusive of any additional benefits and riders, but not more than $50,000. No premium or cost of insurance charge; an administrative fee is deducted prior to payment.