Five Rings Financial

760-845-3567

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Living Benefits

Living Benefits are the new kind of life insurance.
In short, it’s life insurance you don’t have to die to use.

Living Benefits Life Insurance.

Living Benefits are the new kind of life insurance.
In short, it’s life insurance you don’t have to die to use.

Do you have the old kind or the new kind?

Do more with your life insurance policy. Reach out now and get started.

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Do More With Your Life Insurance Policy.

‍More For The Same Price: ‍Living Benefits give you more options, more flexibility, and more protection –
all for the same price as an old-fashioned life insurance policy that only pays out if you die. It’s a no-brainer.

Pays Out Upon
  • Death
  • Heart Attack
  • Stroke
  • Cancer
  • Blindness
  • Paralysis
  • Traumatic Brain Injury
Traditional Life Insurance
  • At the Same Price
Life Insurance with Living Benefits
  • At the Same Price
SEE IF YOU QUALIFY

You wouldn’t buy a new car that didn’t come equipped with airbags, right?

So why would you own a life insurance policy that doesn’t come equipped with modern features that allow you early access to your death benefit if you get sick? If free Living Benefits aren’t included in your coverage, you’re exposing yourself to unnecessary risk.

Frequently Asked Questions

Some frequently asked questions about the service that you may have questions about

How do Living Benefits Work?
Once a qualifying health event has occurred on an active policy, a Living Benefits policy will allow the insured party to accelerate the death benefit, essentially allowing early access to the policy’s death benefit at a discounted rate. That discount will vary depending on the severity of the illness or injury. The more impact the health condition had on the insured’s life expectancy going forward, the more money they will be offered per given amount of death benefit.
What is an example of a Living Benefits pay out?
For example, a client with a $500,000 Term policy who suffers a major, life-threatening cancer diagnosis may be offered $400,000 in exchange for accelerating their full $500,000 policy. On the other hand, a client who suffers a minor heart attack and whose prognosis is very positive may only be offered $100,000 in exchange for the full $500,000 acceleration. In all cases, it is the client’s decision of whether to accept the offer and take the money or leave the full death benefit in place. In many cases, it’s even possible for the client to accept a partial offer and get some money in their hands while leaving a portion of death benefit in place for the future.
What is covered by Living Benefits?
ABRs and triggers can vary widely between insurance carriers and products, so it’s important to be educated on what riders are included any Living Benefits policy you may be considering and know what conditions would qualify for a Living Benefits claim. The top Living Benefits products out there will offer all of the following ABRs and associated triggers at no extra premium cost:

‍Terminal Illness: 1-2 years expected to live

‍Chronic Illness: Unable to perform 2 of 6 activities of daily living OR severe cognitive impairment

‍Critical Illness: Cancer, heart attack, stroke, major organ transplant, kidney failure

‍Critical Injury: Paralysis, coma, major burns, severe brain injury
Why own Living Benefits?
In this day and age, it always makes sense to have Living Benefits included as part of your life insurance policy. Compared to traditional life insurance, which only pays out the death benefit if you die, Living Benefits provide you with more options and more access to your policy’s benefits in more scenarios. Any Living Benefits claim offer can always be declined if you wish, but having options is always better than not having options, especially after a major unexpected health event.
How do I get Living Benefits?
Living Benefits are kind of our thing. Reach out to us – we can connect you with our network of licensed Living Benefits experts who can audit any current coverage you have and make sure your family has the most modern and up-to-date coverage available.
Contact us 
Living Benefits Life Insurance

Helping you get the most out of life.

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Living Benefits Life Insurance.

Living Benefits life insurance represents a modern twist on life insurance coverage. A policy featuring living benefits riders (also known as accelerated benefit riders, or ABRs) will grant “early access” to the policy’s death benefit while the insured party is still alive if they are to suffer any of the triggering conditions contained in that policy’s living benefits riders.

  • Provides peace of mind
  • Comes with your policy
  • No extra cost
SEE IF YOU QUALIFY
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