Using your life insurance benefits while still alive - PowerPoint PPT Presentation
Title:
Using your life insurance benefits while still alive
Description:
The primary reason for purchasing Pennie health insurance is to provide financial protection for the people you love after you die. Yet every health insurance provider is different, and some may only pay a part of your death to benefit up to a certain dollar amount. If you die your insurance company will pay the remaining balance of your death benefits in your policy to your family or beneficiary. Endless life insurance policies such as entire life or universal life can have the potential to earn cash value over a period. To know more visit here – PowerPoint PPT presentation
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Title: Using your life insurance benefits while still alive
1
Using your life insurance benefits while still
alive The primary explanation for purchasing
Pennie health insurance is to provide financial
protection for the people you love after you
die. If you fall seriously ill a fixed amount of
death benefit may be provided to you in exchange
that is equal to the face value of your life
insurance plan. Did you understand that many
guidelines suggest flexible life insurance
requirements and policy riders that will permit
you to access some of the advantages of your
policy while you are still alive? Here are a few
of them- Sell the policy Tap into its cash
value Apply for living benefits Cash collection
in permanent life insurance policies
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