New Premium Chronic Care Rider for FlexLife

The new FlexLife launch is delayed.

Along with Value Added Services that make caregiving easier, the Premium Chronic Care (PCC) Rider will be one of the new features added.

New Premium Chronic Care Rider

Premium Chronic Care Flyer

Not yet available in CA or NY.

Empower your clients with a rider that offers:

• Dollar-for-dollar payout without discounting.
• Benefit up to $3 million.
• Choice (at time of application) of a monthly payout of 2% or 4%.
• No waiting period.

This rider can be a great option for clients who:

• Want to have enough money to be able to choose the right chronic care option.
• Don’t want to burden family members with having to pay for their care.

Key Things to Know

Eligibility & Availability

• Clients can elect to add the PCC Rider at the time of application for an additional cost based on age, rate class, death benefit amount, gender, and selected monthly payout percentage. (The discounted Chronic Illness Rider will be automatically included at no extra cost.)
• This rider is available for issue ages 18–75.
• High-risk rate classes are not eligible to add the PCC Rider.
• The rider is not yet available in California or New York.

Benefit Details

• With the new PCC Rider your client will know exactly what they will receive if they qualify for a chronic care payout: the full death benefit amount (up to $3 million), paid out on a monthly basis.
• If a client selects the 4% monthly payout option, they can switch to 2% later, but once the rider is issued, they cannot switch from 2% to 4%.
• Payouts are capped at the IRS annual per diem limits ($156,950 in 2025).
• Each benefit period lasts 12 months, with re-certification required each year to continue receiving benefits.
• The lifetime limit for the PCC rider is independent of the lifetime limit on other Accelerated Benefits Riders.

Definition of Chronic Illness
Chronic illness is defined as being unable to perform without substantial assistance at least two activities of daily living (bathing, eating, dressing, toileting, transferring, continence) for at least 90 continuous days or requiring substantial supervision due to severe cognitive impairment.

Conversation Starter

• 6 out of 10 adults have a chronic condition.¹
• $110,360 is the median annual cost for a shared room in a skilled nursing facility in the U.S.²

“Many people get one or more chronic conditions when they get older. What would happen if you needed care for a chronic condition in a skilled nursing facility? Are you adequately covered?”

Source ¹: Living with a Chronic Condition, May 15, 2024, https://www.cdc.gov/chronic-disease/living-with/

Source ²:  Nursing Home Costs in 2025, April 22, 2025, https://www.seniorliving.org/nursing-homes/costs/