Ameritas' Cornerstone Product Approved in New York
01-28-2025
Effective immediately, Ameritas’ new product, Cornerstone, is available in New York!
The Cornerstone rates and eApplications are now available through Producer Workbench.
All DInamic Foundation applications must be signed and submitted by April 1st, 2025. Any applications received after April 1st will require a Cornerstone application and rates.
Overview of Cornerstone DI:
If you are familiar with Foundation, Cornerstone will be very similar. Some of the highlights are:
- Benefit Increase Rider (BIR), a new “Benefit Update” type of no-cost rider, in addition to the normal Future Increase Option (FIO) rider
- A new Enhanced Plus Residual rider
- Optional full benefit period coverage for mental nervous claims (not available to 4P, 3M, 2M, or 2A classes)
- 3% COLA rider is now compounded along with 6% COLA rider
- Lump Sum Savings rider to replace lost retirement savings in the event of a disability
- New stackable e-discount (*not available in SC)
- Other details:
- Competitive rates: we are finding rates in most situations to be lower than Foundation rates.
- All states are approved for Cornerstone except for CA and MT
New York built-in rider variations:
- Student Loan Rider not available
- Benefit Advancement not available
- Good Health Benefit not available
*See the full transition details in the related resources.