06/13/2025
One of the many advantages of having a life insurance policy with living benefits is that it doesn't only pay if you die but can be used to cover medical expenses or other big expenses like a down payment for a house or even student loans.
The choice is simple. đź”’
DISCLAIMER: Living benefits may be provided by riders, which 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.
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.
This information is not intended as tax or legal advice. For advice concerning your own situation, please consult with your appropriate professional advisor. TC7982891(0625)3