Living Benefits
Life Insurance that pays benefits when you are alive
Life Insurance with Living Benefits can provide a lump-sum benefit upon a
covered Critical Illness, Chronic Illness, or Terminal Illness. The cash
benefits are paid directly to the insured and can help avoid the financial
burden created by an illnesses.
Life Insurance with Living Benefits can provide a lump-sum benefit upon a covered Critical Illness, Chronic Illness, or Terminal Illness. The cash
benefits are paid directly to the insured and can help avoid the financial burden created by an illnesses.
Below are the three major categories of coverage provided by Living Benefits:
Critical Illness
Modern day medicine has people surviving major illnesses more than ever before. This benefit provides a lump-sum cash amount upon diagnosis of a critical illness or condition such as a heart attack, stroke, life-threatening cancer and much more. This payout can help you avoid the financial burden created by those illnesses, allowing you to get the treatment you need and to heal, surrounded by family and friends. It keeps you in your home and fills the financial gap left by most medical insurances.
Chronic Illness or Disability
Suppose you were severely injured or disabled and unable to to work. If your condition required help with at least two of the six activities of daily living for a period longer than 90 days, you would qualify for a payout to help with mortgage payments, car payments or other household or living expenses. Imagine the peace of mind, knowing that in the event of a disability you may still have an income to offset the increased medical costs.
Terminal Illness
Imagine if the doctor told you the horrible news that you have 12 months left to live. What would you do? How would you want to spend your time? With this provision, you can accelerate up to 100% of your death benefit upon diagnosis of a terminal illness. This allows you to use the death benefit payout how you like, while you’re still alive. It can also help reduce the financial burden that can come from medical expenses so you can enjoy time with your family during those last precious months.
610 Old York Rd, #400, Jenkintown, Pennsylvania 19095
215-409-5612
717-882-6046
