Living Benefits: Tax Free Cash

Imagine having a special life insurance policy that works like a financial safety net … helping you and your family if something goes wrong while you’re still alive!

Term life insurance with Living Benefits is like having this safety net. It protects your family if you die within the term period, but also gives you tax-free cash to help with urgent needs!

— What is Term Life Insurance? —?

Term life insurance pays a sum of money to your family if you die within set time period.

— What Are Living Benefits? —?

Living benefits are a feature some term life insurance policies that let you access the death benefit while you’re still alive. This can be incredibly useful if you face a major health issue or other significant challenges.

— How Do Living Benefits Work? —?

Think of living benefits as a way to get money from your policy before you die. Here’s how they can be useful:

• Serious Illnesses: If you get a serious illness that requires expensive treatments, this can help you avoid financial stress and focus on getting better.

• Accidents: If you have an accident and can’t work for a while, this ensures you’re not struggling financially during recovery.

• Daily Assistance: Sometimes, if you are very ill or injured, you might need help with everyday tasks, like getting around or managing daily chores. Living benefits can help pay for services or tools that make life easier during this time.

— Why Are Living Benefits Important? —?

Having term life insurance with living benefits is like having a financial safety net that not only supports your family if you die, but also helps you manage emergencies while you’re still alive. It’s a way to make sure that you have the support you need during challenging times, without worrying about money.

If you want to learn more about how these benefits work or if they’re right for you and your family, then talking to a trusted life insurance advisor can help you get the information you need.