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Hybrid Life Insurance Plans: Living Benefits (LB)

Hybrid Life Insurance Means Living Benefits

Your Old Life Insurance isn't Alive Like Hybrid Living Benefits

Are you protected against future loss of income and assets due to you or your spouse having a critical illness or being disabled and unable to work or perform normal daily activities for months or even longer? Does your current life insurance policy only help cover final expenses at the time of death?


Why do I need a term life with living benefits policy instead of the traditional term life coverage with a death only benefit? We're glad you asked! 


Ask yourself these questions:


Q: How does having life insurance with living benefits included as part of of my policy make a difference?


A: Statistics show that large numbers of Americans may become terminally, critically or chronically ill.

Life insurance with living benefits provides the option to access the face amount and receive cash while the insured is alive. The Accelerated Death Benefits can provide funds at a time that the insured and his/her family need them most.


Q: Why is life insurance with living benefits so popular?

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A: Most life insurance policies only protect your family after you pass away. A life insurance policy with living benefits still does that but may also give you valuable access to cash while you are alive, and when the funds are most needed. People see this as a smart way to have funds they need without having to access a retirement fund, 401(k) or liquidate CDs, which require payments of penalties and other fees.


Want to learn more? Download and view the full brochure to discover more about life insurance with living benefits. 

Did you know?

  •  60% of all bankruptcies are due to medical issues, and nearly 80% of those had health insurance
  • Nearly a quarter of people in their 40’s have at least one chronic illness.
  • Every 40 seconds someone has a stroke
  • Every 34 seconds someone has a heart attack
  • The average cost of a severe heart attack, including direct and indirect costs, is about $1 million
  • 1 in 2 men and 1 in 3 women develop cancer in their lifetime, with 1 in 12 overall delaying or turning down recommended care due to high cost!
  • Chronic and critical illnesses may result in the inability to perform activities of daily living such as bathing or dressing yourself without help or assistance.
  • Alzheimer’s is the most expensive problem in the U.S., costing families and society $157 billion to $215 billion a year

Living Benefit Life Insurance: The NEw Type

 Do you have the *NEW* type of life insurance or the old type? The new pays you without death occuring. Get access of up to $500,000 in the event of critical illness (heart attack, cancer, stroke, renal failure,etc), chronic illness (long term care triggers), or terminal illness (12 months to live).  
 

David Disco's Story: Living Benefits Life Insurance

 Dave is in his 40's and lives in Tulsa, Oklahoma. He loves being outdoors, working out and spending time with his wife and kids. Shortly after he purchased his life insurance policy, Dave suffered a severe heart attack and was life-flown in a helicopter twice within several months. Dave used life insurance with living benefits to help pay his medical bills.