Life can throw you unexpected challenges, but being prepared for the unpredictable journey can help during a time in need. In addition to death benefit protection, life insurance can offer a wide range of solutions. Did you know that with some policies, you can accelerate the death benefit while you’re living?
Referred to as living benefits, these powerful options can offer reliable financial protection at a time when you need it most. It’s hard to know how you’ll handle a situation that involves a serious illness, but it can be a stressful and financial rollercoaster. How will you pay for the high cost of treatment if you’re diagnosed with an illness like cancer? Living benefits can provide the added financial protection to help alleviate those unpredicted expenditures.
As a person deals with the emotional struggles of an illness, loved ones can also be impacted. The last thing you and your family need is the stress of astronomical medical bills. Knowing there’s a reliable extra source of income can help you and your family focus on more important matters.
A great incentive about living benefits is that you’re not limited to how funds can be spent. They don’t have to be used for medical costs or expenses associated with the illness. Funds can be used any way you choose!
If you’re interested in learning more about living benefits, watch this video and talk to your agent about how living benefits can help strengthen your financial strategy.