Living Benefits
Life Insurance You Don’t Have to Die to Use.
Are you still protecting your family and finances with the "old kind" of life insurance that only pays out if you die?
Living Benefits life insurance is the new, evolved kind of life insurance. With Living Benefits, you have the power to accelerate your death benefit while you're still living if you suffer a heart attack, cancer diagnosis, stroke, or any other Critical, Chronic, or Terminal illness. Living Benefits safeguard your family from the cause of 50% of the bankruptcies in the U.S. every year - medical bankruptcy following a critical illness.
What Are Living Benefits?
The Living Benefits Riders, or Accelerated Benefit Riders (ABRs) help provide peace of mind at a time when the LAST thing you need to worry about is money. It allows the policy owner to have access to an early (accelerated) payout of the death benefits within your policy if the insured is diagnosed with a qualifying illness or injury.
Life Insurance you don’t have to die to use.
At Ingraham Insurance Brokers, Living Benefits are included on our policies at NO additional Cost! We like to call them “Life insurance you don’t have to die to use”!
Accelerated Benefits are riders that allow you to access all or part of your death benefit, while living, if you experience a qualifying terminal, chronic, or critical illness, or critical injury.
Since the benefit is unrestricted, once you qualify, you can use the benefit for any expense.
Expenses might include, but are not limited to:
Household expenses
Adult Day Care
Home modifications
Regular bills
Nursing home care
Quality of life expenditures
Experimental Care
Or WHATEVER else you may choose to spend the money on!
Most people know life insurance can help provide financial security and continuity during one of life’s most difficult times: the death of a loved one.
What few people know is that life insurance can also help during another one of life’s most difficult times: a chronic, critical or terminal illness. This help comes in the form of optional riders called Accelerated Death Benefit Riders, also generically known as Living Benefits, which can be added at no additional cost.