Living Benefit Loan Program Review
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here are almost 4.1 million cancer patients in the United States that are suffering monetarily. Coping with cancer is difficult enough and handling money issues makes the condition even worse.
This is a circumstance nobody wishes to find themselves in, however there are solutions to better the predicament, even minimally, in order that you can concentrate on your present situation. I doubt anybody would like to think about money, particularly throughout an exhausting time like this.
A Living Benefit Loan, is a kind of life insurance loan, it can make it possible for you to get as much as 50 % of your life insurance policy‘s death benefit right now. So if you have $200,000 of insurance coverage, you can receive as much as $100,000, secured entirely by your policy.
You do not lose your life insurance and your beneficiaries continue to be the same. If you have at least $75,000 of coverage and have been diagnosed with cancer or another major medical condition, you can get approved for a life insurance loan.
This is where the Living Benefit Loan program through Life Credit Company comes into place. Many individuals who are struggling with cancer do not know about the Living Benefit Loan program.
Listed here is a simple summary of the Living Benefit Loan program and how it works:
Zero Individual Liability
The loan is secured entirely by your life insurance coverage and you will never be sought to pledge supplemental collateral. Selecting a loan against your life insurance policy has not been simpler and can furnish you with the monetary assistance you require.
Zero Loan Payments
Whether you have cancer or are struggling with another major illness, you will never be obligated to make loan payments or incur any out-of-pocket costs.
Policy Pays-off Loan
Your life insurance policy’s survivor benefit pays back the loan and the remaining proceeds are paid to your heirs.
Fast Turn-Around
Funds are authorized within 3 days upon receipt of a finished application. A few of the types of policies that are recognize for your Living Benefit Loan program are: term, group, universal, FEGLI, variable and whole life insurance.
Say goodbye to Premiums
They will provide all your life insurance policy’s future premium payments.
Zero Spending Constraints
Regardless if you are seeking to pay-off medical expenses, consolidate financial debt or take your household on a dream getaway, you can make use of cash from your life insurance loan to invest in whatever you desire, without limitations.
Zero Credit Checks
You will certainly never be declined because of bad credit, absence of earnings or previous bankruptcy. If you have been thinking about a life insurance loan, you can talk to experts in the industry and they can assist you through the procedure.
Cost-free No-Obligation Consultation
Specialists will assist you through your loan application procedure. Making an application for a Living Benefit Loan is totally free and you will never be under any commitment to accept the loan offer.
Who is Life Credit Company?
Life Credit Company is a licensed consumer lender that is committed to offering financial help for individuals who are dealing with major health problem. They were established in December of 2012 to assist cancer sufferers and their households. Over the next 5 years, they will seek to deploy an extra 200 million dollars to this fiscally under-served community while continuing to create brand-new loan options. Their objective are to offer monetary help for the individuals who require it the most.
The Living Benefit Loan program has currently assisted numerous cancer sufferers and their households by providing them with over $15,000,000 in funds.
I appreciate how Living Benefit Loan program makes it so simple for patients to use, it’s an easy 1,2,3 procedure: Apply, Receive Approval, Get you funds.
