In the coastal part of Texas, we recently have certainly had our share of unexpected events with the appearance of Hurricane Harvey. During that stressful time, many of us spent some time considering our insurance options. We would like to offer some additional ideas for you to consider.
The ultimate goal for most of us is to live a full life and have confidence that our personal and financial goals are possible. While you may not have total control over your health or how long you live, you can take steps today to plan for a secure financial future.
A smart plan starts with having proper protection from the financial impact of an unexpected event such as death or illness. Too often, families are caught off-guard by these events and the emotional and financial toll is alarming.
The Critical Illness rider gives you the option to accelerate a portion of your death benefit if you are diagnosed with a heart attack, stroke, cancer, renal failure, major organ transplant or ALS.
The Chronic Illness rider gives you the option to accelerate a portion of your death benefit early if you are certified by a Physician as being unable to perform at least two ADLs or activities of daily living (bathing, continence, dressing, eating, toileting, transferring) or if you require substantial supervision due to severe cognitive impairment.
The Terminal Illness rider gives you the option to accelerate a portion of your death benefit if you are diagnosed as terminally ill with a life expectancy of one year or less.
If you become unemployed for a period of at least 4 weeks and are receiving state or federal unemployment benefits, this benefit waives six months of premium.
Three accelerated benefit riders will allow you to take a portion of your death benefit early in the event you become seriously ill.
Dean& Draper is a Trusted Choice insurance agency representing over 200 insurance companies. For over 35 years we have offered a trusted freedom of choice to our clients. ContactUs.
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