Life insurance: two insurances in one policy
Life insurance with living benefits: two insurances in one policy. Approximately 39.5% of Americans will be diagnosed with cancer in their lifetime, according to the National Cancer Institute.
The same source estimates that in 2020 there were 1,806,590 new cases of cancer and just over 600,000 people would have died of the disease.
Although the numbers are high and alarming, we currently live with 16.9 million cancer survivors and it is estimated that this number will increase to 22.2 million in the next 10 years.
The role of statistics is fundamental. They help us to take measures, both health and economic and are important when modifying life habits in order to reverse certain negative trends.
Thus, millions of Americans quit smoking and many were convinced to start leading a healthier and more active life.
With such data in hand, you, as a smart person, should choose to have life insurance with living benefits. This policy has a double advantage: On the one hand, it protects your family financially, in the event of your death. And on the other, it covers you, if you contract a critical, chronic, or terminal illness. Something unthinkable with traditional life insurance.
In short, with your life insurance with life benefit, if you are a cancer survivor, you could advance part of the death benefit, without leaving the family unprotected. The money that your insurer advances will be tax-free and you can also use it for whatever you deem appropriate. Life insurance with living benefits: two insurances in one policy.
Call Univista Insurance and purchase an essential policy in times of uncertainty.