Life insurance articles from Alliance Group. This is a great collection of original educational and informative information. Why? Because we know our stuff. When it comes to life insurance - and life insurance with Living Benefits, we literally wrote the book. Living Benefits life insurance is our bailiwick - we've been doing this since 1998.
In addition to paying out a death benefit to Jane’s family if she passes away (exactly as any life insurance policy would), Living Benefits policies add the ability for Jane to access that death benefit tax-free while she’s still alive if she suffers a major illness or injury.
Need Help for medical Bills? Mounting medical bills and the financial hardships that often come along with it — like missing work or a reduced availability of credit — can be a recipe for financial catastrophe or medical bankruptcies. But don't file for bankruptcy due to medical bills...there's a much better solution that you can put in place BEFORE the unexpected becomes reality. Life insurance with Living Benefits can provide cash when you need it most, like help with medical bills.
60% of all bankruptcies in the United States were the direct result of a critical illness (cancer, heart attack, stroke, etc.) and the medical bills that followed. Of those bankrupted patients, 80% of them had health insurance coverage.
What are Living Benefits? What is a Living Benefits Rider? Living Benefits can provide a portion of your death benefit while you are still living should a qualifying terminal, chronic or critical illness or critical injury occur. What is Living Benefits life insurance is a question we get asked all the time. You've come to the right place for answers.