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Midland National® Life Insurance Company announces the addition of Accelerated Death Benefit Endorsements (ADBE) for critical, chronic, and terminal illness on Premier Term products.

With critical and chronic illnesses on the rise in the United States, living benefits are more important than ever. Policymakers diagnosed with a qualifying serious illness can now access their living benefits at a time when they need it most.

Midland National vice president and chief distribution officer, Jerry Blair said, “Providing the Accelerated Death Benefit Endorsement with critical and chronic illness benefits for no extra premium is a considerable bonus to our Premier Term policyowners. Offering these benefits on competitively priced term insurance significantly enhances Midland National’s marketability for Premium Term series products.”

Read the full press release here.

Premium Term (policy form series T142) and Accelerated Death Benefit Endorsement for Critical, Chronic and Terminal Illness for Term Life (form series TR210) are issued by Midland National Life Insurance Company, Administrative Office, One Sammons Plaza, Sioux Falls, SD 57193 Products, features, riders, endorsements, or issues ages may not be available in all jurisdictions. Limitations or restrictions may apply. 

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