What are Living Benefits?
Do you still have the old kind of life insurance that only pays benefits upon your death? With people suffering from a heart attack or stroke every 30 seconds, and with those developing cancer and or Alzheimer’s at the alarming rate of every minute, doesn’t it make sense for life insurance benefits to be accelerated and available for people to use while they are still alive? The industry refers to this type of insurance as “Living Benefits” which help people to receive care and pay for chronic or terminal illness that precedes death.
