Living Benefits Included in Life Insurance
Close your eyes for a moment and imagine that your spouse has passed away…. how will that affect your life financially? The passing of a loved one can cause several doubts to enter your mind.
- Mortgage / Rent payments?
- Food?
- Car payment?
- Funeral cost ?
- Moving expenses may be necessary
- Debt payoff.
A few years ago, life insurance traditionally paid the benefit only in the event of death. Today, our new policies come with a very special feature: Living Benefits.
Becoming ill happens without notice and can immediately change your way of life. With a long list of terminal illness that qualify, A life insurance plan can help for the difficult times that are coming. Terminal, Critical and Chronic illnesses all qualify so you can receive a large lump sum of your life policy while the insured is still alive. This allows you to use the money for anything you and your family need without any limitations. Spending this on expensive hospital treatments resulting from your diagnosis, or planning a trip with your family, this money is available for anything you need while still living. A great opportunity to plan correctly and cope with a tragic matter.
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