The Coverage You Need While Still Alive
Should something critical or unfortunate happen to you while you are still alive, you need appropriate coverage to protect yourself financially. With Assumption Life’s living benefit, you can cover your daily expenses and bills in case you become diagnosed with a critical illness or you become disabled. It can also provide some other benefits and features such as dental insurance, travel insurance, health insurance, and long-term care.
The Living Benefit’s Critical Protection covers up to 16 critical illnesses. The coverage pays a lump sum to the insured, as specified in the contract for Critical Protection, if he is diagnosed with a covered condition. In addition, additional expenses such as home care, time off work, travel for treatments, and so forth are covered by this benefit.
Top Features of Assumption Life’s Living Benefit
With Critical Protection, your financial health will not decline while you were sick. It caters for you all round while still preserving your financial health. In addition, the plan is renewable and also, the plan does not require any medical exam for each of the amounts. The plan includes four terms namely, term to 15, 20, 25 and up to age 75.