You don’t need cash accumulation for living benefits…

One major misconception that we see in the marketplace with regards to living benefits is the need for cash accumulation.

Most people think that living benefits are only available on permanent policies like whole life, universal life, or indexed universal life.

This is not the case.

Several carriers offer living benefits on term policies. This is a tremendous value because the premiums are much lower on term policies and typically only require the policy to be in force for a month before the benefit can be triggered.