What is Term with Living Benefits?
Term with Living Benefits goes a step beyond a traditional term policy. Rather than just providing a death benefit, a term with living benefits policy allows your clients to accelerate a portion of their death benefit in the event they are diagnosed with a critical, chronic, or terminal illness. Two-thirds of people who file for bankruptcy cite crushing medical bills as the primary reason.
But how do you know which product is right for your client? Our Term with Living Benefits Competitive Analysis breaks down the top players in the market comparing
- Coverage limits
- Underwriting Requirements
- Available Benefits and Riders
- Premium Costs