Living Benefits Insurance - Credential Financial Strategies Inc.

Critical Illness, Disability, and Long Term Care Insurance

Living benefits insurance are just as important as life insurance, however, oftentimes this type of insurance is overlooked.

Imagine yourself critically ill or disabled and unable to work for a long period of time.

What if you've reached retirement age and have found yourself unable to care for yourself, with no choice but to pay for care?

There are insurances products designed to ensure that you are protected during periods when you're at your most vulnerable - these are Critical Illness, Disability, and Long-Term Care Insurance.

  • Critical Illness Insurance provides a lump sum benefit if you're diagnosed with a covered critical illness (provided after a standard waiting period). Oftentimes, this benefit can assist in paying for medical expenses not covered by your health plan, or even just by providing additional cash to pay for life expenses during this period of illness.
  • Disability Insurance provides income replacement if you become disabled and are unable to work. Earning an income, after all, is one of your life's most valuable assets.  Ranging from short to long term, there are several different types of disability coverage built to complement any type of risk tolerance.
  • Long Term Care Insurance provides you with additional funds to cover or supplement the costs involved in receiving care, either in your home or at a care facility. In addition to this, Long Term Care Insurance can help preserve an inheritance for your loved ones.

Talk to the Wealth Advisor to discuss your insurance needs, and to determine the best level of coverage.

Disclosure:
Credential Financial Strategies Inc. offers financial planning, life insurance and investments to members of credit unions and their communities.