Do You Have the Old Kind of Life Insurance…
Or the New Kind?
Many people already have life insurance.
What most people don’t realize is that not all life insurance works the same way.
Older policies were designed to pay only after death.
Newer policies include Living Benefits, which means a portion of the policy’s death benefit may be available while you are still alive if you experience certain serious health conditions.
Term, IUL, Financial Planning, Estate Protection, Mortgage Protection, and More
No medical exam required, just a short health questionnaire.
A Message from Ceverin
One of the most common conversations I have with clients is about the difference between older life insurance policies and the types of policies I work with that include Living Benefits.
Traditional life insurance was designed to provide financial protection for your family only after someone passes away.
The policies I focus on helping clients obtain are designed to do more than that. They include Living Benefits, which means a portion of the death benefit may be available while you are still alive if you experience certain qualifying health conditions.
These benefits can include protection for situations such as Terminal Illness, Chronic Illness, Critical Illness, or other serious health events, allowing the policy to provide financial support during some of life’s most difficult moments.
Not every life insurance policy includes these features, and many companies simply do not offer them. In many cases, you may hear about life insurance through places like your car insurance company or a large national brand, but those policies often do not include Living Benefits.
That’s why it’s important to periodically review your coverage and work with an independent agent who can help you understand the options available and find the protection that best fits your needs.
My focus is making sure my clients have access to modern coverage designed to protect both their families and themselves if life takes an unexpected turn.
— Ceverin Bell
What are Living Benefits?
Living Benefits allow you to access a cash tax-free while you are still alive if you experience a qualifying serious health condition such as:
• Heart attack
• Stroke
• Cancer diagnosis
• Other major illnesses
This means your coverage can help with medical bills, lost income, or recovery expenses. You can use these funds however you need to.
What is the difference between traditional life insurance and life insurance with Living Benefits?
Traditional life insurance pays a benefit to your family only after death.
The policies I help clients obtain include Living Benefits, which means a portion of the death benefit may be available while you are still alive if you experience certain qualifying health conditions.
This allows the policy to help during serious situations in life, not just after someone passes away.
What is the Chronic Illness benefit?
Your policy includes Chronic Illness and Covered Chronic Illness riders at no additional premium.
If you become chronically ill and are unable to perform two of the six activities of daily living for at least 90 days, the policy may begin paying monthly benefits from the death benefit while you are alive.
This type of monthly benefit is normally only found in long-term care or disability policies, which makes it especially valuable in a life insurance policy.
What types of life insurance policies include Living Benefits?
Living Benefits can be included in several types of policies depending on your goals, such as:
• Term Life Insurance
• Indexed Universal Life (IUL)
• Mortgage Protection Insurance
• Estate Preservation Policies
Your application helps determine which type of coverage may be most appropriate for your situation.
Why don’t most life insurance policies include Living Benefits?
Many insurance companies still sell traditional life insurance policies that only pay after death.
Living Benefits are not available through many large national brands or companies that primarily focus on other types of insurance. That’s why working with an agent who specializes in these types of policies can make a big difference.
Do I need a medical exam to qualify?
In many cases, no medical exam is required. Most applicants simply complete a short health questionnaire as part of the application process.
Approval decisions are often made quickly based on the information provided.
How much coverage should I apply for?
Coverage amounts vary depending on your financial goals and eligibility. Many people choose coverage that helps protect their family’s income, cover debts, or provide financial security during major life events.
The application helps determine what coverage options may be available. Options start as low as $25 monthly.
What happens if I never use the Living Benefits?
If the Living Benefits are never used, the full death benefit remains available for your beneficiaries.
The policy still provides the same financial protection for your family.
What if I already have life insurance?
Many people already have life insurance but do not realize they may have the older type of policy that only pays after death.
Reviewing your options can help determine whether your current coverage includes Living Benefits or if there may be better protection available today.