New to the life insurance industry are life insurance policies that contain living benefits and you don’t pay extra for this feature!
Living benefits allow you to choose to collect the death benefit while you are still living. This is a huge benefit and you can get it with term insurance also! Should you need long term care, suffer a heart attack, cancer, stroke, or kidney failure you can decide if you want the death benefit paid out now tax-free. You may be able to exchange your current life insurance policy for a policy with living benefits at no extra cost! Watch my video and call me for details.
Many people instantly think of covering final expenses as a reason for purchasing life insurance. It is true that life insurance can provide death benefit protection that passes to beneficiaries generally income tax free, but it can do so much more. Life insurance can help provide your beneficiaries with financial protection should you die prematurely. However, there are several other benefits that a life insurance policy can provide such as: Annuity Maximization, College Funding, Estate Planning, Legacy Building, Pension Maximization and more.