Do you have life insurance? Life insurance can often be underrated, especially by younger adults. While life insurance used to also be called “death” insurance, it is protection for loved ones in the event that you die and if your policy offers “Living Benefits” it can help protect you while you are still alive.
Living Benefits, or optional Accelerated Benefit Riders, can be added to many life insurance policies today allowing you access to your death benefit while you are still alive. In addition to life insurance covering the typical final expenses for you and daily expenses for beneficiaries, Living Benefits can help cover qualifying:
Terminal Illness
Chronic Illness
Critical Illness or Critical Injury