Discover the value of modern 20-year term living benefits life insurance with $500,000 in coverage for less than $1/day with Fund My Life. With living benefits, you’re not just protecting your family’s future; you’re ensuring access to critical financial resources in case of illness or injury—without breaking the bank or resorting to charity fundraising platforms.
Living Benefits Life Insurance Funding
At Fund My Life, we’re redefining traditional life insurance with a modern approach that prioritizes your financial well-being while you’re still living. Our living benefits life insurance focuses more on living, not just providing for your loved ones after you’re gone.
Imagine life insurance that supports you while you’re alive. In the face of serious illnesses—such as cancer, heart attacks, strokes, or major injuries—our policies provide a financial lifeline, helping you maintain your quality of life without the burden of financial stress.
Think about it—someone you know may have faced a sudden health crisis, putting both their well-being and financial security at risk. Without the right support, these challenges can lead to mounting expenses, missed payments, damaged credit, and overwhelming stress.
With Fund My Life’s Living Benefits Life Insurance, you gain the financial flexibility to focus on what truly matters—your health and loved ones. Access funds when you need them to cover essential expenses, stay current on your mortgage or rent, or take time off work without financial worry—all while protecting your credit and long-term financial stability. And because your policy still provides a significant death benefit, your loved ones will have the security and stability they deserve.
Protect yourself today, so you never have to worry about tomorrow. Fund My Life is here to help you stay financially strong—no matter what life brings.
What is 20-Year Term Living Benefits Life Insurance Funding?
Step into the future of insurance with the empowering possibilities offered by modern life insurance benefits. Secure your financial stability with confidence through the adaptable coverage of 20-year term living benefits life insurance, designed to provide you and your loved ones with unwavering protection over the span of two decades.
Imagine securing your financial future with the empowerment of living benefits life insurance. Picture this: with 20-year term living benefits insurance, you could potentially receive up to 90% of your policy’s face value if you face a critical or chronic illness and emerge victorious. For instance, investing in a $500,000 plan could mean receiving a substantial $450,000 benefit upon diagnosis of a qualified illness, offering invaluable financial relief during challenging times.
Moreover, in the unfortunate event of your passing, your loved ones will still be safeguarded. Your beneficiaries would receive a lump-sum benefit of $500,000, minus any living benefits that were previously paid out. This dual-layered protection not only ensures financial support during medical adversities but also provides peace of mind, knowing that your family’s financial stability is secured, regardless of the circumstances.
If your needs change: If your needs change and you’re in it for the long haul, you can increase your premium payments by converting to a permanent living benefits life insurance policy. This allows you to grow cash accumulation over time, which can be used for things like your kids’ college tuition, buying a home, covering emergencies, or even future retirement income.
What Happens After the 20 Years Are Up?
As your 20-year term policy concludes, you have several options:
Renewal: You have the option to renew your policy, ensuring ongoing coverage that provides peace of mind for the future. While premiums may increase with each renewal, this choice offers continued protection and security. Remarkably, term policies often offer the flexibility to renew annually until you reach the age of 95, allowing you to adapt your coverage to changing needs over time.”Conversion: You may also have the option to convert your coverage into a permanent living benefits life insurance policy, such as our GenWealth Living Benefits IUL or LegacyWealth Living Benefits Whole Life. This transition ensures lifelong coverage while offering the potential to build cash value over time—creating an additional financial asset for your future.”
Conversion: You may also have the option to convert your coverage into a permanent living benefits life insurance policy, such as our GenWealth Living Benefits IUL or LegacyWealth Living Benefits Whole Life. This transition ensures lifelong coverage while offering the potential to build cash value over time—creating an additional financial asset for your future.”
Expiration: If you choose not to renew or convert, your policy will expire without requiring any further action on your part.
Still uncertain if a 20-year term living benefits life insurance policy is right for you? Check out our other living benefits funding options, customized to fit your specific needs.
Determining the ideal term length for your needs is simplified when you work with Fund My Life. Whether you require a 20-year term living benefits life insurance policy or prefer a different duration, our quote and enrollment engine empowers you to tailor your choices effortlessly. Simply click the “Fund Now” or “Get a Funding Quote” button to begin customizing your options today.
10-Year Term
Living Benefits Life Insurance
15-Year Term
Living Benefits Life Insurance
20-Year Term
Living Benefits Life Insurance
30-Year Term
Living Benefits Life Insurance
Ready to fund your life?
Let Fund My Life provide funding for you and the people you care about.
If you’re ready to fund your life with a modern 20-year term living benefits life insurance policy, contact us at Fund My Life. We provide an onboard quote and enrollment engine right here on our website so you can self-enroll. Just click the “Fund Now” or “Get a Funding Quote” button to get started and get the coverage you need in as little as 15 minutes for just pennies on the dollar.
You can also contact us to request multiple quotes from different carriers in our network in just minutes, making it fast and easy to compare policies and get the coverage you need. Talk to one of our experienced licensed insurance agents to find out how you can get 20-year term living benefits life insurance that suits your budget and priorities.