Life Insurance with Living Benefits | Doyle Assurance Group
Life Insurance with Living Benefits
in Plano, TX
Life insurance is more than just a death benefit—with living benefits, you can access your funds when you need them most. Whether you’re facing a critical illness, chronic condition, or disability, this policy ensures financial stability while you’re still alive.
At Doyle Assurance Group, we specialize in helping individuals and families in Plano, TX, and the DFW Metroplex secure affordable life insurance policies that offer both protection and flexibility.
Top Benefits of Life Insurance with Living Benefits
Access Funds for Critical Illness
➡ If diagnosed with a covered critical illness like cancer, heart attack, or stroke, your policy pays out early to cover medical expenses, treatments, and recovery costs.
Coverage for Chronic & Terminal Conditions
➡ Living benefits allow you to access your policy’s cash value if you develop a chronic or terminal condition, ensuring financial stability for you and your family.
Protect Your Income & Savings
➡ Use your life insurance benefits to replace lost income, cover mortgage payments, and prevent financial hardship due to medical expenses.
Tax-Free Withdrawals
➡ Cash value growth in permanent life insurance policies accumulates tax-free and can be withdrawn without penalties for qualified needs.
Flexible Policy Options
➡ Choose from various coverage levels, affordable premiums, and customized riders to tailor your policy to fit your specific financial goals.
Peace of Mind & Family Protection
➡ Secure your loved ones with a policy that covers you while you’re alive and ensures they receive a guaranteed payout when you pass.
How Life Insurance with
Living Benefits Works
Life insurance with living benefits functions like traditional life insurance, but with the added flexibility to access cash benefits while still alive.
✔ Pays out a portion of the policy’s value in case of critical, chronic, or terminal illness
✔ Protects against financial burdens by covering medical expenses, mortgages, or daily living costs
✔ Preserves your family’s financial security with a guaranteed payout when you pass away
At Doyle Assurance Group, we work with A+-rated insurance carriers to find the best affordable living benefits policy that meets your unique needs.
Why Choose Doyle Assurance Group?
Personalized Policy Recommendations
➡ We match you with the right living benefits insurance policy based on your health, budget, and financial goals.
Hassle-Free Application Process
➡ We simplify the insurance process, making it easy for you to:
✔ Compare multiple providers & policies
✔ Receive expert guidance on coverage options
✔ Lock in affordable, guaranteed rates
No Medical Exam Options Available
➡ Many living benefits policies do not require a medical exam, making coverage easier to qualify for.
Local Expertise & Trusted Advisors
➡ We proudly serve Plano, TX, Dallas, and the entire DFW Metroplex, providing expert guidance tailored to local residents.
Frequently Asked Questions About Life Insurance with Living Benefits
What is life insurance with living benefits?
➡ Life insurance with living benefits allows you to access a portion of your death benefit while still alive if diagnosed with a qualifying illness.
How much of the policy value can I access?
➡ The amount varies by policy but can be 50-100% of your total coverage, depending on the provider and your condition.
Do I need to be terminally ill to qualify?
➡ No! Living benefits apply to chronic and critical illnesses, not just terminal conditions.
Can I use living benefits for non-medical expenses?
➡ Yes! Funds can be used for mortgage payments, income replacement, home modifications, and more.
Is life insurance with living benefits more expensive?
➡ Premiums are slightly higher than term life insurance, but they offer greater flexibility and financial protection.
Can I add riders for disability or long-term care?
➡ Yes! Many policies allow additional riders that provide extra coverage for disabilities, long-term care, or critical illness protection.
Does this policy build cash value?
➡ Yes! Some policies accumulate tax-deferred cash value that can be accessed during your lifetime.
What happens if I don’t use the living benefits?
➡ The full death benefit is paid to your beneficiaries, just like a traditional policy.
Can I qualify if I have pre-existing conditions?
➡ Many policies offer simplified underwriting or no-exam coverage, making it possible to qualify even with health concerns.
How do I get started with a policy?
➡ Contact Doyle Assurance Group for a personalized consultation and compare top-rated policies that fit your budget and needs.
Get Covered Today with Living Benefits Life Insurance!
Secure your future while protecting your family with a customized life insurance policy that offers financial security when you need it most.
Don’t wait—protect your loved ones today!