Life Insurance Riders: Accelerated Death Benefits and Long-Term Care

by Chelsea Rosine | Jan 28, 2019

New Insurance Course Available Through WebCE

New WebCE Insurance course announcement

Life insurance is a powerful financial tool that can provide protection for survivors at the insured’s death, as well as living benefits that can be used during the insured’s life. It is important for insurance agents and financial planners to help their clients understand how their life insurance policies can meet their needs when they are concerned not only with passing away too soon, but may be living with a terminal, critical, or chronic illness.

Insurance and financial planning professionals can become more knowledgeable about life insurance and help their clients understand its benefits with our new course titled Life Insurance Riders: Accelerated Death Benefits and Long-Term Care.

 

LifeInsurance Riders: Accelerated Death Benefits and Long-TermCare explores a common form of living benefit: accelerated death benefits, which provide advanced payment of some amount of a life insurance policy’s death benefit in the event the insured meets certain qualifying conditions. This course will help insurance producers and financial planners learn more about:

  • the various types of accelerated death benefits (whether as riders or policy provisions) • the primary methods insurers typically use to determine the amount of benefits payable • the important distinctions between riders that accelerate benefits for chronic illness and those that accelerate for qualified long-term care costs
  • the taxation of accelerated benefits,
  • and the marketing and suitability considerations that apply to producers and insurers

To order this course and more, visit the WebCE Course Catalog or contact our support services at 877-488-9308.

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