With the Accelerated Benefits Riders (ABR), your clients can advance a portion of the policy's death benefit in the event of a qualifying chronic or terminal illness. There are actually two forms of the rider:

1. Accelerated Benefit Rider-C… for chronic illness; and
2. Accelerated Benefit Rider-T… for terminal illness.

Both are included on selected policies at no charge, subject to limitations and underwriting requirements.

Accelerated Benefit Rider - Terminal Illness

• This rider allows the policyowner to receive an advance sum from the policy if the base insured becomes terminally ill.
• An insured qualifies as terminally ill if a physician has certified that the insured's life expectancy is 24 months or less. (Life expectancy may vary by jurisdiction.)
• Up to $500,000 can be advanced.

Accelerated Benefit Rider - Chronic Illness

According to U.S. Department of Health and Human Services, an estimated nine million people 65-plus needed extended nursing care in 2006¹, and "that number may increase to twelve million in 2020."² And the average cost for nursing home care is…

• This rider allows the policyowner to advance a portion of the death benefit if the base insured becomes chronically ill.
• An insured qualifies as chronically ill if a physician has certified that the insured
  • is permanently unable to perform at least two Activities of Daily Living bathing, continence, dressing, eating, toileting or transferring) or
  • suffers from a severe cognitive impairment (a deterioration or loss of intellectual capacity that is measured by clinical evidence and standardized test measured by short-term or long-term memory; or orientation to people, places, or time; or deductive or abstract reasoning).
• Upon qualification, a portion of the death benefit can be advanced as frequent as monthly!
• Your clients can use the money any way they wish, such as helping to pay for a nursing home or home health care assistance.

Example

XL^CV; Male age 45; Preferred Plus; $250,000 Face Amount; annual level premium to age 67 = $5,222.91 (Maximum Level Non-MEC); 8% illustrated rate.

• Death Benefit at age 67: $298,855
• Cash Value at age 67: $251,138
• ABR-C (Chronic Illness) maximum benefit at age 67^** : $5,511 per month

To learn more, call 800-843-3316, extension 32150, or e-mail us at SalesSupport@mnlife.com

ABR assumes a 7% interest rates. The benefits shown above are based on current assumptions that are not guaranteed and are subject to change. On a guaranteed basis, the amount of the benefits described may be reduced significantly.

¹Source: http://www.cdc.gov/nccdphp, August 2007
²As cited by the AARP on http://www.aarp.org/research/longtermcare/costs/ltc_costs_fs_2006.html#FOOT2.
³ 2004 MetLifeMarket Survey of Nursing Home and Home Care Costs.

ABR-C, ABR-T, and the PFR are issued on rider forms TR137, TR138 and TR129A, respectively, by Midland National Life Insurance Company, Sioux Falls, SD. Products, features or riders may not be available in all jurisdictions. Limitations or restrictions may apply. Indexed Universal Life products are not an investment in the "market" or in the applicable index and are subject to all policy fees and charges normally associated with most universal life insurance.

FOR AGENT USE ONLY. NOT TO BE USED FOR CONSUMER SOLICITATION PURPOSES.