The Living Benefits feature allows you to receive a portion of the policy's death benefit while you're still alive, triggered by specific qualifying events, with each carrier having its own guidelines and limitations. It's essential to note that this rider is not meant to replace health contracts, qualify as long-term care insurance under section 7702B(b) of the Internal Revenue Code, or function as non-qualified long-term care insurance.

Qualifying Events

Critical Illness: Critical illnesses often occur suddenly and without warning, causing significant financial impacts. Some qualified critical illnesses include major heart attacks, strokes, major organ transplants, paralysis, cancer, end-stage renal failure, among others.

Chronic Illness: Life insurance allows you to leave a meaningful legacy for your heirs. It can fund educational expenses, provide an inheritance, or contribute to charitable causes important to you.

Terminal Illness: Terminal illnesses are defined as those in which a physician reasonably expects (and certifies) will result in the insured person's death within 24 months.