With Blue Cross Life, you can increase the initial insurance amount, without new evidence of insurability, when obtaining a new loan (such as a mortgage); increasing an existing loan; or if there is a major life event (marriage, divorce, adoption or childbirth, or graduation with a bachelor’s degree, master’s degree or doctorate).
This allows you to be sure that the coverage amount changes as your life changes. (The amount insured can be increased before age 60 up to 25% of initial insurance amount up to $125,000, if the insured is not disabled. This benefit must be used within 60 days following the events mentioned above. The premium for the new policy or rider will be based on the sex and age of the insured at the time of the new policy or rider.)