Life Insurance with Living Benefits

Secure Your Family’s Future

Why get Life Insurance

To ensure that those who depend on you will still be able to maintain their standard of living if something should happen to you.  

Life Insurance helps secure your loved ones’ futures and potentially provide them with enough money to fulfill their obligations and pursue their dreams, even if you are no longer with them.

What are Living Benefits?  

Life Insurance you don’t have to die to use.  Provides you with access to your death benefit that you can use while you are living in the event of a qualifying illness.  Benefits can usually be used for any expense (with some state exceptions).

  • Terminal Illness
  • Chronic Illness
  • Critical Illness or Critical Injury
Terminal Illness

What qualifies?  Generally, if you have been diagnosed with a terminal illness that will result in a death within 24 months of certification of the illness by a physician.  May vary by state and insurer.

Chronic Illness

What qualifies?  A doctor has certified, within the past 12 months, that you are unable to perform two (2) out of six (6) “Activities of Daily Living” for a period of at least 90 consecutive days without assistance, or that you are cognitively impaired.  May vary by state and insurer.

Activities of Daily Living

  1.  Bathing
  2.  Continence
  3.  Dressing
  4.  Eating
  5.  Toileting
  6.  Transferring
Critical Illness 

May vary by state and insurer.

  • ALS (Lou Gehrig’s disease)
  • Aorta Graft Surgery
  • Aplastic Anemia
  • Blindness
  • Cancer
  • Cystic Fibrosis
  • End-stage Renal Failure
  • Heart Attack
  • Heart Valve Replacement
  • Major Organ Transplant
  • Motor Neuron Disease
  • Stroke
  • Sudden Cardiac Arrest

Understanding Life Insurance with Living Benefits here 

Accelerated Benefit Riders

Living Benefits are provided by no-additional premium Accelerated Benefit Riders.

Payment of Accelerated Benefits will reduce the Cash Value and Death Benefit otherwise payable under the policy.  Receipt of Accelerated Benefits may be a taxable event, may affect your eligibility for public assistance programs, and may reduce or eliminate other policy and rider benefitsPlease consult your personal tax adviser to determine the tax status of any benefits paid under this rider and with social service agencies concerning how receipt of such payment will affect you.

Riders are supplemental benefits that can be added to a life insurance policy and are not suitable unless you also have a need for life insurance.  Riders are optional, may require additional premium and may not be available in all states or on all products.  This is not a solicitation of any specific insurance policy.

Customizing Your CoverageLife Insurance with Living Benefits gives you and your family financial peace of mind.  Your living and death benefits can be used to pay off various financial debts and living expenses (with some state exceptions).  Our Insurance Agent can work with you to help you find a Life Insurance with Living Benefits policy that meets your financial needs.  

Complete our Living Benefits Quote Questionnaire here to receive a confidential quote via e-mail.

Have Questions?  Contact me (Wendy) here