A living benefit clause provides

Name: A living benefit clause provides
Brand: Quizplus
Rating: 4.9 (48 reviews)

Question

Quizplus · Accepted Answer

A living benefit clause provides dollar benefits to the insured prior to death if the insured is terminally ill. This clause helps the policyholder to meet their expenses during their lifetime, especially if they are terminally ill and need financial support. It allows the policyholder to receive a portion of the death benefit while they are still alive, therefore providing a living benefit to them.

A Living Benefit Clause Provides