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Life Insurance With Living Benefits

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Moving Beyond the Traditional Safety Net

Life insurance has long been seen as a financial safety net for loved ones in the event of the policyholder's death. But what if you could benefit from your life insurance policy while you're still alive?

Life Insurance with Living Benefits is a more versatile option than traditional life insurance. It not only provides security for your family after your passing but also offers financial aid during your lifetime. Situations like critical illnesses, chronic conditions, or long-term care needs.

Tapping Into Life Insurance with Living Benefits Amidst Critical Illnesses

When Health Insurance Isn’t Enough

Critical illnesses are not just emotionally devastating, they can also be financially crippling. Living Benefits can act as a financial lifesaver during difficult times in your health. They allow you to draw from your death benefits to cover immediate healthcare needs. A living benefits policy can be crucial when health insurance doesn't cover all your medical expenses. You can receive direct payment to support your during major health problems. This money helps with important things like buying food and having a place to live. So even when your health impacts your life, your family can stay financially strong.

Flexibility and Customization: The Power to Choose

Your Life Insurance Policy, Your Way

One of the standout features of a Life Insurance with Living Benefits policy is its adaptability. You have the freedom to customize your coverage by adding specific riders for different conditions. Your policy could include chronic illnesses, terminal illnesses, or even long-term care needs. This allows you to build your policy to align with your unique healthcare and financial requirements. You shouldn't have to sacrifice you or your families quality of life during major health problems.

Preparing for Long-Term Care: A Forward-Thinking Approach

Aging Gracefully with Financial Security

As we age, the likelihood of requiring long-term care services such as nursing homes or in-home care increases. Life Insurance with Living Benefits can offer a pre-emptive financial solution for these needs. With the costs of healthcare rising, having a Living Benefits policy can give you peace of mind. This comes from knowing your future care needs are covered.

Enhancing Financial Security During Hard Times

Unlock Cash When You Need It Most

Life Insurance with Living Benefits can help your maintain financial security. This security can be incredibly helpful in difficult times. Having the ability to access part of your death benefit while you're still alive provides a much-needed cushion. This can ensure that you and your family can weather life’s storms more comfortably.

The Return of Premium Rider: A Win-Win Proposition

Getting Back What You Put In

Return of premium riders elevate the attractiveness of life insurance policies. If the policyholder outlives the term of the policy, they receive back the premiums paid. It's a big advantage, either your beneficiaries get the death benefit or you recoup your premiums. Get the most out of your Life Insurance with Living Benefits policy by getting your money back.

Borrowing Against Your Policy: An Overlooked Asset

A Life Insurance with Living Benefits Policy: Your Financial Reservoir

One of the overlooked parts of Life Insurance with Living Benefits is the option to borrow against it. Think of your policy as a financial asset, a reservoir you can tap into for immediate financial needs. Whether it's funding a child's education, addressing a business opportunity, or tackling an unexpected expense, your policy can help.

A Comprehensive Approach to Financial Well-being

Life Insurance With Living Benefits is not just about money; it's about leaving behind a legacy of love and care. Even when you're not around anymore, your policy can still help your family.

Life Insurance with Living Benefits is not just death benefit. It's a comprehensive solution for both present and future financial and health challenges. By offering a safety net during critical illnesses, customizable coverage, and options for long-term care, this policy type stands as an excellent tool for holistic financial planning.

Our Team can help you navigate this Life Insurance process in a way that best supports your lifestyle and income needs. Contact us today to get started. 

Living benefits are provided by no-additional premium accelerated benefit riders. 

Payment of Accelerated Benefits will reduce the Cash Value and Death Benefit otherwise payable under the policy.  Receipt of Accelerated Benefits may be a taxable event, may affect your eligibility for public assistance programs, and may reduce or eliminate other policy and rider benefits.  Please consult your personal tax advisor to determine the tax status of any benefits paid under this rider and with social service agencies concerning how receipt of such a payment will affect you. 

Riders are supplemental benefits that can be added to a life insurance policy and are not suitable unless you also have a need for life insurance.  Riders are optional, may require additional premium and may not be available in all states or on all products.  This is not a solicitation of any specific insurance policy.

This product is a life insurance policy with a rider that accelerates the death benefit on account of chronic illness and is not a health insurance policy providing long-term care insurance, nursing home insurance or home care insurance.  Neither is it an alternative to such types of insurance.

Closed Captions for Our Life Insurance with Living Benefits Video

If you think about it, life insurance should be the most positive phrase in the world. I mean, it's life, am I right? We're talking about all the things you enjoy the people you love, all of it. And then, there's insurance; that's like the ultimate way to help protect something. But you put these two incredibly positive words together, and boom, instant downer.

It's okay because at Worthington Financial, we're actually doing something about it. The problem with some life insurance is that you have to die for it to work. talk about the ultimate sacrifice. No wonder nobody wants to think about it. That's why we can offer you a better option through the life insurance companies of National Life Group.

What if life insurance could actually ensure life, your life? It's called life insurance with living benefits. It still does everything traditional life insurance does: secure your family's future if you should die too soon. But you don't have to make the ultimate sacrifice to use it.

For example, let's say you don't die, but you still need money for something important. Can your current life insurance help you with that? This type of policy can.

Our modern life insurance policies offer riders that can provide a financial resource if you experience a qualifying terminal, chronic, or critical illness. Did you know that a stroke occurs every 40 seconds in the U.S.? How about this: it's estimated that one in three people in the U.S. will be diagnosed with cancer at some point in their lifetime? Or that approximately 530,000 bankruptcies are filed annually because of medical debts?

And since the living benefits are generally unrestricted, you can use the money for such things as nursing home care, home modifications, or quality of life expenditures. Also, if certain types of policies are properly funded, the tax-free cash accumulation can help protect you in case you live too long.

Isn't it time you had life insurance that you don't have to die to use? To get it, call Worthington Financial Partners at 410-527-1292.

Closed Captions Generated by Youtube.

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