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Chronic Illness Rider

Adding a Chronic Illness Rider when applying for WAEPA Group Term Life Insurance is a simple way to help plan ahead for the care that chronic illness can require. As a living benefit, it offers the means to prioritize your health and wellbeing over hardships. Members and their spouses under age 65 are eligible to apply, and coverage can last until age 80.

How Does Chronic Illness Rider Work?

Applying to add this rider gives you the ability to collect 50% of your Group Term Life benefit amount, up to a maximum of $500,000, if you become permanently chronically ill. While a Chronic Illness Rider won’t replace your healthcare or life insurance coverage, it’s vital to have the protection in place before the need for it arises.

A chronic illness can be classified as a permanent severe cognitive impairment requiring substantial supervision. It’s also defined as the permanent inability to perform two of six Activities of Daily Living (ADLs): bathing, dressing, eating, toileting, transferring, and continence.

What Are Common Uses of this Money?

This tax-free benefit is paid directly to you over a four-year period to be used as you see fit.**

Imagine the peace of mind knowing you can spend quality time with your loved ones, rather than coping with costly medical bills. The money can also be used to help pay mortgages, ongoing living expenses, and even compensate for lost income.

And if you’re fortunate to remain healthy and not need the coverage, your full Group Term Life Insurance benefits would be paid to your beneficiaries. That way, your family is still being taken care of.

Two-way Protection in a Single Policy

Add the Chronic Illness Rider when applying for Group Term Life Insurance to help secure you and your loved ones’ futures from the unexpected.

Apply Today

Your Personalized Coverage Costs

Enter your age and desired coverage amounts. Be sure to check the box to view rates with additional Chronic Illness Rider coverage. Reach out to our Member Services team at (800) 368-3484 to talk through your personalized options.


Underwritten by New York Life Insurance Company, 51 Madison Ave., New York, NY 10010 on Policy Form GMR

*NOTE: The Chronic Illness Rider is not a standalone policy; it can only be added to an existing or new Group Term Life Insurance policy as a rider.

IMPORTANT NOTICE: This rider is not intended to be a federally tax-qualified long-term care insurance contract under Internal Revenue Code (IRC) Section 7702B. Therefore, the premiums payable for this rider do not qualify as long-term care insurance premiums and are not deductible from gross income for federal income tax purposes. This rider, however, is subject to the federal per diem limits set forth in IRC Section 7702B. Under this rider, New York Life will not pay claimants more than the federal per diem limits. Assuming the amount you receive in the aggregate from all applicable policies does not exceed the federal per diem limits set forth in IRC Section 7702B, the benefits provided by the Chronic Illness Rider are intended to be excludable from federal gross income under Section 101 (g) of the IRC. Receipt of an accelerated death benefit may affect eligibility for Medicaid or other government benefits or entitlements and may have income tax consequences. Accelerating benefits before applying for these programs, or while you are receiving government benefits, may affect your initial or continued eligibility. Clients can contact the appropriate social service agency (e.g., the Medicaid Unit of your local Department of Public Welfare or the Social Security Administration Office) for more information.

**Chronic illness means the permanent inability to perform 2 out of 6 activities of daily living (bathing, continence, dressing, eating, toileting and transferring); or a permanent severe cognitive impairment requiring substantial supervision.”

***CIR is not currently available in: ID, LA, MN, NY, OH, UT, WA, all U.S. Territories.