PROTECTION FOR LOVED ONES WHEN THEY NEED IT MOST
Married couples rely on both of their Social Security benefits to provide monthly income, but when one spouse passes away, the surviving spouse will only receive the higher of the two Social Security benefits. Some people buy two traditional life insurance policies to help offset this loss of income. However, a traditional lump sum benefit solution can be expensive. Survivor Income Protector can be a more affordable alternative to help in the transition period of having less income.
Survivor Income Protector is a whole life insurance product with a Joint Life Rider designed to provide a benefit paid in monthly income payments to the surviving insured. This benefit can help offset the loss of income when their spouse passes away.