The life insurance that puts you as the protagonist

The life insurance that puts you as the protagonist. Permanent life insurance has a clear objective: to provide financial security to loved ones when the insured person passes away. In fact, the benefit received by family members is referred to as a death benefit. The most sarcastic individuals claim that it is a death insurance because the fundamental condition for loved ones to receive the policy benefit is the death of the insured.

But this premise has changed. Now there is the possibility for the insured person to receive money while alive if they purchase a life insurance with living benefits. It’s very simple, insurance companies have realized that life is very long and circumstances can change significantly. It used to be the case that a person, after paying for life insurance for 30 years, would fall ill and lack the funds to receive necessary care. It was a great paradox: if they passed away, the family would receive $300,000, but they themselves lacked the funds to ensure their own care.

The remedy for this anomaly was the creation of life insurance with living benefits, through which the insured person can access the accumulated money in their policy in the event of a terminal, critical, or chronic illness. In other words, if an insured person suffers a heart attack, has cancer, acquires any terminal illness, or becomes disabled, they can benefit from their own life insurance.

Therefore, the good news is that life insurance with living benefits does not exclude you from the financial protection you have created with your family in mind.

If you are interested in learning more about this and other insurance options, call Univista Insurance, and you will obtain the cheapest insurance in Florida. The life insurance that puts you as the protagonist.

Call us today for a full qualification! (305) 728-6352. You can also quote for free here.