The Living Benefits rider is a benefit you definitely want to take a look at. Living Benefits offers a death benefit rider that allows a portion of your policy’s death benefit directly to you in the event of a terminal illness, confinement to a nursing home or an organ transplant.
Living benefits are those insurance benefits that you have access to while you are still alive. For instance, if you contract a chronic or terminal illness or if you have an accident that leaves you in a critical condition, your policy will kick in, It will pay off your medical bills either fully or partially, depending on the policy itself. You simply have to send your doctor’s letter to your insurance company and they will send you a check.
These are the most common living benefits, but there are other types of policies as well that only a few insurance companies can offer. Protect With Insurance has specialized access to one such company – not a lot of insurance brokerage firms have such access. Protect With Insurance can offer you huge discounts on prescription medicines, dentist and optician visits and a lot of other built benefits in all their policies. Even if you have a small policy with, you will still have access to all of these benefits – this way, you will end up saving a lot of money! Living Benefits are an excellent way to protect you and your family.
So, if living benefits are important to you, then make sure to ask your insurance agent to find you a policy that has such in-built benefits. However, if you don’t need them, you should let your agent know this as well since they might be able to get you a better deal at a lower price. Either way, you will be saving a lot of your money. Call today and find out if living benefits are for you.