When people think of life insurance they think of something that can only be used when they’re dead! Well, they’re dead wrong! Life insurance has evolved and not only is it a way to create generational wealth, but you can also use it while you’re alive. You can either use the cash value portion in the permanent life insurance or depending on the coverage, you can use it while you’re alive in the case of a chronic illness, critical illness, terminal illness, or critical injury.
This applies to both term or permanent life insurance if that carrier or product either has a rider attached or is created that way like National Life Group. That insurance company designed all policies to include living benefits.
Will you need living benefits? It’s been shown that 3 out of 4 people will need some type of living benefit. Are you protected?