Living Benefits
The Best Part of Life Insurance.
Modern life insurance policies include accelerated benefit riders that allow access to your policy's value during your lifetime, for Terminal, Chronic, and Critical Illness events.
"The living benefits of life insurance helped us, while Mark was alive, and the policy continued to help me after he was gone."
Janelle Fleming
Who lost her husband to lung disease
What's Covered
Living benefits fall under three classifications of qualifying events.
Qualifying Living Benefits
There are 13 conditions, classified under three groups, which constitute qualifying events covered under this rider.
Terminal Illness
The presence of an illness or condition where life expectancy does not exceed 12 months.
Chronic Illness
The inability to perform at least two activities of daily living for at least 90 days in the presence of a severe cognitive impairment, including dressing, toileting, eating, transferring, bathing, and continence.
Critical Illness
The diagnosis of any of the following illnesses or conditions: invasive life-threatening cancer, major burns, stroke, coma, major heart disease, aplastic anemia, end-stage renal failure, benign brain tumor, major organ transplant, paralysis, ALS (amyotrophic lateral sclerosis), heart valve replacement, blindness due to diabetes, coronary artery bypass graft surgery, or paralysis of one or more limbs.
See How Living Benefits Fit Your Plan
Schedule a Strategic Review to evaluate whether your existing policies include accelerated benefit riders, and how they integrate with your overall protection strategy.
Schedule Your Strategic Review