Finding the right product and life insurance carrier can be critical to your long-term financial success. With index universal life insurance, you get the potential for policy value accumulation, up to a specified Cap, together with the downside protection of a guaranteed minimum interest rate, or floor.*
There are several ways to customize life insurance with living benefits; it really depends on your needs and the types of benefits that are offered by your insurance provider.
So, for instance, one person may choose life insurance with living benefits that include disability insurance. Perhaps you work in a job that continuously puts you at risk for injury. If the short or long-term disability coverage that is offered by your employer is not enough to cover you should you become injured and unable to work for any period of time, this might be the type of living benefit you would want.