New IDI Spousal Catastrophic Disability Benefit Rider
Approved States At This Time: Alabama, Alaska, Arkansas, Colorado, Delaware, DC, Hawaii, Idaho, Indiana, Iowa, Kansas, Maryland, Missouri, Nebraska, New Hampshire, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Texas, Washington, West Virginia, Wisconsin & Wyoming.
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Benefit Highlights
MetLife's Spousal Catastrophic Disability Benefit Rider pays the insured a monthly benefit when the insured's spouse, due to injury or sickness, has a medical condition that meets the criteria for a spousal catastrophic disability, as set forth below:
1. Complete, irrecoverable and irreparable loss of:
- Use of both hands, or both feet, or one hand and one foot;
- The sight in both eyes;
- Speech; or
- Hearing in both ears; or
2. Alzheimer's Disease or other irreversible form of senility or dementia requiring supervision to protect from threats to health and safety due to severe cognitive impairment, and is unable to perform at least two (2) of the Activities of Daily Living without assistance from another person; or
3. Aphasia; Hemiparesis; Paraplegia; or Quadriplegia, and is unable to perform at least two (2) of the Activities of Daily Living without assistance from another person.
Additional Provisions:
- The spouse must either not be employed or employed part-time for less than 30 hours per week.
- The elimination period on the rider must be the same as or longer than the elimination period on the base policy.
- 2 year and 5 year benefit periods are available for the rider.
- The benefit amount is equal to one-half of the total disability benefit of the primary insured (policy owner), to a maximum benefit of $3,000/month. The minimum benefit is $1,000/month.
- Rider Issue ages of 18 to 59.
- The rider terminates at the earliest of the first premium due date on or after the primary insured's 65th birthday or the spouse's 65th birthday.
- Available only in the following states as of March 14, 2008: Alabama, Alaska, Arkansas, Colorado, Delaware, DC, Hawaii, Idaho, Indiana, Iowa, Kansas, Maryland, Missouri, Nebraska, New Hampshire, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Texas, Washington, West Virginia, Wisconsin and Wyoming. As new states become available, notifications will be made in the Field News.
How to Apply for the Spousal Catastrophic Disability Benefit Rider
Please contact Susan Ondack or Jeni Bolding for a state appropriate supplemental application. Note: Available with MetLife's Omni Advantage, Select (Fully Underwritten MultiLife Only), and Essential policies
Adding the Spousal Catastrophic Disability Benefit Rider to Inforce policies:
Written notice should be sent to underwriting along with a completed supplemental spousal rider application, as noted above.
