Living Benefits
Living Benefits are the cornerstone of the edge that Affordable Living Benefits provides for its clients.
Most people purchase life insurance to provide a legacy of financial security at the time of their death. But doesn’t it make sense for the benefits to extend and be available for the difficult financial times they have to face if a chronic, critical or terminal illness precedes death? The industry calls the benefit an “Accelerated Death Benefit Rider.” We refer to it as real Living Benefits.Most of us are in this profession because of a sincere desire to help others in a manner that is both unique and timely. Living Benefits is one of the reasons why the Affordable Living Benefits family of agents is so passionate about what we do every day.
That is what distinguishes Affordable Living Benefits from all others and allows us to build An Alliance for Life between our agents and their clients!
OUR BELIEF…it’s simple, really.
We feel that you should have access to benefits you can use, while you are living. The products we offer provide a COMBINED solution that you can afford to have, but cannot afford to be without. This combination of benefits can help protect your plans for today – and tomorrow.
We like to refer to it as:
“Life Insurance you don’t have to die to use.”
From left to right, the basic types of life insurance policies below become more complex. Term, Whole, and Universal Life Insurance are all known as “General Account Insurance” because they are all direct liabilities of the insurance company (the death benefit and any cash accumulation are payable with the company’s General Fund assets, which includes premiums paid to the insurance company and held in reserve accounts). Variable contracts are known as “Separate Account Insurance” because the cash value is not a direct asset or liability of the insurance company, and those funds are regulated by the Securities and Exchange Commission.
The Living Benefits Plan can Combine with any Life insurance option see below.
Term Life for: 5, 10, 15, 20, 25, 30, 35, 40 Years
Whole Life
Universal Life
Variable Life
