In today’s world of smartphones that look amazing and can do almost anything, what if you were walking around with one of those old flip phones? You know, the ones with a tiny screen that has no color, and you have to push a button three times just to get to the right letter when you’re typing a text.
Nobody does this, right? Phones have advanced so much, there’s no reason to walk around with such an old and outdated phone!
Well, what if I told you in the life insurance world, everyone is still walking around with flip phones when there are smartphones out there for anyone to use?
It’s true. Hundreds of years ago when life insurance was invented it was simple; it only covered death. But since then, just like they’ve upgraded phones, they’ve upgraded how insurance works too! Modern life insurance has way more benefits, options, features, coverage and more!
Yes, there’s the term life insurance and permanent life insurance, but what I’m really talking about is life insurance with living benefits. If you trade in your standard life insurance for life insurance with living benefits, it’s like upgrading from a flip phone to a smartphone! And just like phones, at this point, it’s basically the same price to have a better insurance plan, so why not have it? Instead of only paying out upon death, life insurance with living benefits does so much more!
Life insurance with living benefits can give you:
Critical illness riders
Chronic illness riders
Terminal illness riders
Money for medical bills
Money for deductibles
Money for copayments
Money to replace income
Money for expensive treatments
Money for much more!
And if you think about this, it makes sense. In today’s age, we have made such advancements in medicine that many of the things that killed us before don’t anymore. In fact, 90% of people that have a heart attack these days, survive!
But what happens? If you suffer from a major illness, medical condition or traumatic injury you can’t work, and the hospital bills pile up! Otherwise stated, your income goes down and your expense goes up. But you and your loved ones have no way to pay for it because you’re “technically” alive still.
That doesn’t seem right, does it? Of course not, and that’s what everyone else thought too, which is why we now have life insurance with living benefits. So, if you’re still walking around with an old and outdated insurance policy, you might consider giving us a call and speaking to us about upgrading to life insurance with living benefits. We always offer a no-pressure, free consultation to answer any questions and do whatever we can to help you get into an upgraded and better plan for a better price.
We’re located in the Los Angeles area, but help people all over California. So, if you think upgrading your life insurance is a good idea, we’re happy to answer all of your questions!