Living Benefits

Living benefits essentially allow the insured to access money from the policy’s death benefit during your lifetime due to critical, chronic, or terminal illnesses. These funds can be used to pay for expenses such as medical care, hospice or nursing home care, in-home caretakers and more. There's no restriction on the use of funds. The trade-off is that accessing living benefits reduces the death benefit available to your beneficiaries.

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Many policies automatically come with at least one living benefit such as terminal illness, but VC Financial Solutions offer "full complete" living benefits (such as critical, chronic, or terminal illnesses) that are included with life insurance at no additional charge. Our specialty is offering full complete living benefits with term and universal life insurance.