Provides financial help during life, beyond death benefits, via cash value or riders for terminal, critical, or chronic illness.
Eligibility depends on policy type, age, health, waiting periods, and medical verification; permanent policies build cash value, term usually doesn’t.
Using living benefits may reduce death benefits; loans or withdrawals from cash value affect payout; consult your agent before accessing funds.
Costs vary by age, health, coverage, riders, and insurer; shop around for best rates and understand what each rider covers before buying.
