Randi Uses The Policy to Pay Bills
She wants to help the family cover her medical expenses and make up for her husband’s lost income while he cares for her. Randi chooses to exercise her critical illness rider and receive
a portion of her death benefit early
She accelerates 95% of her death benefit or $237,500. Her actual benefit amount will be based on the severity of her illness and its impact on her future life expectancy.
Given her condition, Randi receives a benefit of $110,624.