Living benefits, also known as accelerated death benefits or living assurance, are features included in certain life insurance policies that allow the policyholder to access a portion of the death benefit while they are still alive. These benefits are typically available under specific circumstances, such as when the insured is diagnosed with a terminal illness, a chronic condition, or a critical illness, or when they require long-term care or suffer a disability.

The purpose of living benefits is to provide financial support to the policyholder during difficult times when they may have increased medical expenses, loss of income, or need assistance with daily living activities. By accessing living benefits, the insured can alleviate some of the financial burden and maintain their quality of life during these challenging situations.

Protecting your family's financial future is one of the most important responsibilities you hold. Life insurance serves as a safety net, ensuring that your loved ones maintain their quality of life and financial stability in the event of your untimely passing. By securing a life insurance policy, you can provide your family with a financial cushion that helps cover daily living expenses, mortgage payments, educational costs, and other financial obligations. Furthermore, some policies offer living benefits, which can be accessed during challenging times, such as when facing a critical illness, chronic condition, or disability. Investing in life insurance demonstrates your commitment to safeguarding your family's well-being, providing both financial security and peace of mind for you and your loved ones.