Life Insurance with Living Benefits: Protect Your Future, Now
Imagine having access to a portion of your life insurance benefit while you're still living. **Life insurance with living benefits** provides you with that financial safety net, giving you the resources to cover medical bills, replace lost income, and manage daily expenses during a serious illness.
It's more than just insurance—it's peace of mind that, when faced with a life-altering diagnosis, you and your family won’t have to worry about how to manage financially.
What Are Living Benefits?
Living benefits allow you to access up to 90% of your death benefit if diagnosed with a critical illness. This can make all the difference when dealing with expensive treatments and loss of income.
When to Consider Life Insurance with Living Benefits?
The best time to consider these policies is when you're younger and healthier—typically before age 30—when premiums are lower. As you age, especially after 30, 40, or 50, the cost increases significantly, and medical exams may be required to qualify.
| Age | Average Monthly Premium |
|---|---|
| Before 30 | $25 - $35 |
| Between 30-40 | $45 - $75 |
| Between 40-50 | $85 - $150 |
| 50+ | $150 - $300 |
Critical Illnesses Typically Covered
- Cancer
- Heart Attack
- Stroke
- Organ Failure
- Coronary Bypass Surgery
- Kidney Failure
- Major Organ Transplant
- Paralysis
- Coma
Case Study: How John Used Living Benefits for Recovery
John, a 45-year-old software engineer, was diagnosed with stage 2 cancer. Thanks to his Ethos Life Insurance policy with living benefits, he was able to accelerate 80% of his death benefit, receiving $200,000 upfront. John used these funds to cover his medical bills, hire in-home care, and cover his mortgage while undergoing treatment. Without this policy, John would have faced severe financial stress, but instead, he focused on his recovery with peace of mind.
Get a Life Insurance QuoteComprehensive Dental & Vision Coverage Nationwide
Our stand-alone dental plan from Mutual of Omaha is available across the United States, specifically designed for those who are self-employed or have opted out of their employer’s dental plan. In addition to dental coverage, this plan also includes vision benefits.
What Vision Benefits Are Included?
- Annual eye exams covered 100%
- Discounts on frames and lenses
- Discounts on corrective surgeries like LASIK
Examples of Costs for Different Individuals
- Susan (35, self-employed): Pays $30/month for dental and vision coverage, avoiding over $1,500 in potential dental and vision costs annually.
- Mark (40, freelancer): Pays $45/month for family dental and vision plan, with savings of over $2,000 per year in care for his children.
- Lisa (28, opted-out of employer plan): Pays $25/month for individual coverage, saving hundreds annually in preventative dental and vision care.
Critical Illness Insurance: A Safety Net When You Need It Most
Dealing with a critical illness such as cancer, heart attack, or stroke can bring about enormous financial stress. That’s where **critical illness insurance** comes in—providing a lump sum payout upon diagnosis of covered conditions, allowing you to cover medical expenses, lost income, and more.
Instead of choosing between **life insurance with living benefits** and **critical illness insurance**, many customers benefit from having both. Critical illness insurance offers an additional layer of financial protection, ensuring you have immediate funds for your care.
Book a Consultation to Find the Right Plan
Want to know which plan is right for you? Whether you’re considering critical illness insurance, life insurance with living benefits, or both, let’s discuss your options.
Book a Consultation