An insured Member who is terminally ill can receive the majority of the death benefit as a lump sum. The policy holder must have maintained a Navy Mutual plan for more than five years at the time he or she is diagnosed as terminally ill. There is no additional premium for this option.
- Member who is terminally ill can receive majority of death benefit.
- Member must hold a Navy Mutual plan for 5 years to be eligible.
For more information on Navy Mutual’s Accelerated Death Benefit, please call us at 800-628-6011.