Living Benefits With Mortgage Protection Life Insurance
Learn how certain life insurance policies may allow accelerated access to part of the death benefit after a qualifying event.
Speak directly with William Noel, Licensed Oklahoma Insurance Agent.
Available plan features may include
- Term life insurance for mortgage-protection planning
- Living Benefits for qualifying terminal, chronic, and critical illness
- No traditional medical exam
- Return-of-premium options on qualifying plans
No medical exam does not mean guaranteed acceptance. Eligibility and approval are subject to insurer underwriting. Benefits, riders, limitations, exclusions, premiums, and return-of-premium features vary by insurer and policy.
What are Living Benefits?
Living Benefits are provisions or riders that may allow an eligible insured person to accelerate part of a life insurance death benefit after a qualifying event.
Terminal illness
Certain policies may include accelerated benefits after a qualifying terminal illness.
Chronic illness
Certain policies may include accelerated benefits after a qualifying chronic illness.
Critical illness
Certain policies may include accelerated benefits after a qualifying critical illness.
Important tradeoff
Accelerating a benefit generally reduces the death benefit remaining under the policy.
Speak directly with a licensed Oklahoma insurance agent
William Noel
Call (866) 277-3900