FLX Living Benefits 4.50.0

Living Benefits allow policyholders to access a portion of their death benefit while they are still alive, in the case of a qualifying event such as a chronic or terminal illness.

Yes, you can use the funds for any purpose, including medical bills, mortgage payments, or daily living expenses.

Qualifying events typically include chronic illness, terminal illness, and certain critical illnesses as defined in your policy.

Living Benefits are generally included in the FLX policy at no additional cost, but it's essential to confirm with your policy details.

To apply for Living Benefits, contact your Ameritas Life Insurance representative or customer service for information on the application process.

Yes, any amount accessed as Living Benefits will reduce the total death benefit payable to beneficiaries.

Not all FLX policies may offer Living Benefits; check your specific policy or consult with your agent.

The timeframe can vary, but once approved, funds are typically disbursed quickly. Contact Ameritas for specific estimates.

If your condition improves after you've accessed Living Benefits, there is typically no repayment necessary; however, the earlier accessed amount will still reduce the death benefit.

Living Benefits generally cover conditions that arise after the policy is issued; check your policy terms for specifics regarding pre-existing conditions.