Living Benefits
Access Your Benefits When You Need Them Most
Living benefits riders allow you to access a portion of your death benefit while you are still alive if you are diagnosed with a qualifying terminal, chronic, or critical illness. This can provide crucial financial support for medical expenses, long-term care, or other needs.
With living benefits, your life insurance policy can help you during challenging times, not just after you’re gone.
Benefits
- Financial Assistance: Get financial help when you need it most for unexpected medical expenses.
- Maintain Independence: Cover the costs of care and maintain your independence.
- Peace of Mind: Reduce financial stress during a difficult time.
- Flexibility: Use the funds as you see fit to cover various expenses.
Example
- A policyholder with a living benefits rider is diagnosed with cancer. They can access a portion of their death benefit to help pay for medical treatments, travel expenses, or lost income.
