Life would be so much easier to plan for if we knew exactly what was going to happen. We KNOW that at some point we will die. Some people will get Term Life Insurance to provide protection for the next 10, 20, 30 years but what would happen to you and your family if you got sick? Medical conditions and illnesses, although not always fatal, can have a huge impact on your finances, your independence and your ability to earn income. Imagine how quickly your savings could be wiped out. Now imagine yourself with a life insurance policy that protects you in the event of a diagnosis of a chronic, critical or terminal illness or a critical injury. If you qualify, you can access the death benefit of your policy early to help pay for medical expenses, lost income or anything you want.
The other problem that people run up against is outliving their money. There was a time in the not too distant past when the life expectancy was less than 70 years old. Now people are living well into their 80s, 90s and beyond. Will your retirement savings last 20 – 40 years? When a Lifetime Income Benefit Rider is automatically added to your Life Policy, you can get a steady stream of income for the rest of your life.
Peace of mind no matter what life hands you!