ReliaStar Life Insurance Company 20 Washington Avenue South Minneapolis, Minnesota 55401
OREGON ACCELERATED BENEFIT SUMMARY
The Group Policy provides an accelerated benefit if the eligible insured is diagnosed with a terminal condition. This provides payment of a percentage of the death benefit otherwise
payable, as noted in the certificate, while the insured is living. payment reduces the amount of Life Insurance payable at death.
“Terminal condition” means an injury or sickness which is expected to result in the insured’s death within a time period specified in the certificate, and from which there is no reasonable chance of recovery.
The cost of the accelerated benefit is incorporated into the cost of Life Insurance and is not a separately identifiable premium.
Following payment of accelerated benefits, future Life Insurance premiums for the insured’s coverage will be waived under the Waiver of Life Insurance Premium Disability Benefit.
Please refer to the certificate for the provision(s) that relate to this Group Policy.
Receipt of accelerated benefits may be taxable and the insured should seek assistance from a personal tax advisor prior to submitting a claim.