Michael W Ring Insurance: 207-478-1269. Ever hear of Living Benefits? Life insurance is a unique tool to create wealth. It does so by assuring a desired amount of liquid capital is paid upon the insured’s death, even if that death occurs immediately after the coverage becomes effective. Depending on the insurance plan, life insurance can also provide funds during the insured’s lifetime; these funds are usually referred to as living benefits. Living benefits can enable the policyowner to take advantage of other opportunities, such as having funds for a down payment on a vacation home or to meet emergencies. Many life insurance policies also provide accelerated death benefits that are payable to a terminally ill insured during his or her lifetime
Posted on: Sat, 04 Oct 2014 00:59:46 +0000
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