Life Insurance with Living Benefits
Living Benefits are kind of our thing.
Most people purchase life insurance to provide a legacy of financial security to their loved ones at the time of their death. Doesn’t it make sense for the benefits to extend and be available for you if you need them while you’re still living? Living Benefits – life insurance you don’t have to DIE to USE.
At Ward & Associates, these policies come infused with enhancements that allow you to accelerate your policy’s benefits to get much-needed money in your hands if you are to suffer a terminal, chronic, or critical illness – such as heart attack, stroke, or cancer diagnosis – or in case of a critical injury. It’s a game-changing feature that is revolutionizing the face of the life insurance industry, and we've been leading the charge for over a decade.
Watch the (fun and SHORT) video below to learn more about how Living Benefits life insurance works – and then take action to protect yourself and your finances!
What typically happens when you suffer a critical or chronic illness?
Definitions/Sample Conditions
- Terminal Illness Benefit – Terminally ill means that the insured has been certified by a physician as having an illness or chronic condition which can reasonably be expected to result in death in 24 months or less.
- Chronic Illness Benefit - Chronically ill means that the insured has been certified by a licensed health care practitioner as being unable to perform 2 out of 6 activities of daily living or is cognitively impaired (activities of daily living are bathing, continence, dressing, eating, toileting, and transferring)
- Critical Illness Benefit – qualifying events may include: aorta graft surgery, aplastic anemia, blindness due to diabetes), cancer, cystic fibrosis, ALS, end stage renal failure, heart attack, heart valve replacement, major organ transplant, motor neuron disease, stroke and sudden cardiac arrest.
- Critical Injury Benefitͣ– qualifying events may include: coma, paralysis, severe burns and traumatic brain injury.
Now You Know.
If you are still protecting your family and finances with the “old kind” of life insurance that only pays out if you die, we need to talk.
Living Benefits life insurance is the new, evolved kind of life insurance. With Living Benefits, you have the power to accelerate your death benefit while you’re still living if you suffer a heart attack, cancer diagnosis, stroke, or any other critical, chronic, or terminal illness. This ability can help save your financial life, and helps protect you from the cause of 60% of the bankruptcies in the U.S. every year – medical bankruptcy following a critical illness.
