Life Insurance Benefits that Your Agents Might Have Not Told You About
Many of us who have life insurance policies are not really very familiar with what we can actually get from what we are paying for. Of course, we know that if ever we expire earlier than expected, our family can get a substantial amount of money for them to continue on with their lives, (financially speaking,) without us. We also know that this money is greater than what we have invested in the form of premium, that is why we get to take advantage of getting really, really more than what we paid for. Lastly, if we invest in funds, we get an additional money out of the fund value that we get to withdraw or our families get to receive together with the death benefit.
But did you know that there are a lot of things that our life insurance can really do for us? Yes, and we can experience these things we can experience while we are alive. It is not true that we only get to enjoy our insurance investments when we have already moved on to the next life. We can very well get the benefits of our life insurance while we are still alive, though not necessarily kicking.
- You can accelerate the sum you are assured of in case of critical illness.
If you are ever diagnosed with a serious illness which needs you to go under an operation, therapy, or treatment, you can always claim in advance your benefits so you can fund yourself and not die from the disease. Imagine the help that the sum of money will do to you and your family.
- You can use your money to pay for home care if you are incapacitated.
Should you ever get caught in an accident and injure yourself in a major way – causing you to be disabled and incapacitated, you can accelerate the claiming of the sum that you are assured. There will be a lot of purposes that your money can play. It can provide for your family, especially now that you are no longer earning, or it can pay for you medical and health care needs. This way, you or your family need not suffer any more than you are already experiencing because you can afford the comfort that you need through the coverage money you get.
- You get double benefits in the event of an accident.
There are actually riders, shall we say (added benefits) that will enable you to get twice2x the amount of your sum assured if you ever get incapacitated due to an accident. This is an added benefit that you should check on because an extra amount this big will surely be very beneficial for your own and your family’s needs should the unexpected come.
- You can get hospital benefits on top of health insurances.
Some life insurances also include hospital income benefits. Thus, you will get a specific amount for every day that you are admitted. This will replace the income that you didn’t get to earn because you were hospitalized. Sure, health insurances may pay for your ward, doctor’s fee, or even your medicines. But they will not give you the income you have missed while you were out of work.
- You can withdraw your funds when you need them.
For unit-linked insurances, you will have savings from the fund values that you will earn over the years. These amounts are withdraw-able should you ever need them. Of course, you cannot withdraw the whole amount or the policy will be rescinded.
The advantages and possibilities of having a life insurance is endless. How about you? Are you and your family already protected? Know more about life insurance and all its other benefits through California Security Insurance Services in Imperial Garden Grove, CA. We even offer a wide range of estate and property insurances that you will surely benefit from.
So why don’t you call us today at 909-986-7322 for more details. Hurry and waste no time. Remember, accidents don’t make appointments. Call now!