LIVING BENEFITS

Life Insurance You Don’t Have to Die to Use

Accelerated Benefits Riders are optional, no-additional cost riders that can allow you to access all or part of your death benefit, while living, if you experience a qualifying terminal, chronic, or critical illness, or critical injury. The use of the benefit is unrestricted with the exception that ABR proceeds for chronic illness in the state of Massachusetts can only be used to pay for expenses incurred for Qualified Long-Term Care services.

Since the benefit is unrestricted, once you qualify, you can use the benefit for any reason. Benefits might be used for, but are not limited to:

•    Household expenses
•    Adult Day Care
•    Home modifications
•    Regular bills
•    Nursing home care
•    Quality of life expenditures

The following video provides a great explanation of how Living Benefits work, and is followed by a personal example in the

second​ video.