Living Benefits is the ability to use your life insurance death benefit while you’re alive. In other words, it’s life insurance you don’t have to die to use.
Traditional life insurance has no living benefits. Although traditional life insurance is extremely important, the benefit can only be used after death. It will only help your loved ones when you pass away.
Now, what if you can spend the same amount of money for life insurance and get more benefits than just death-only protection?