01
Terminal illness
A physician certifies that an illness is expected to result in death within the period specified by the rider.
Thoughtful guidance. Protection with purpose.
20-years TermLife Insurance withLiving Benefits
Protect your loved ones in the event of your death, while maintaining access to up to 90% of your policy’s face amount if you experience a qualifying terminal illness, chronic illness, critical illness, or critical injury.
Ages 18 through 60Non-tobacco, good healthIllustration, not a quote
Living benefits
Protection that may support you while you are living.
Certain life insurance policies include or offer riders that may allow you to access a portion of the death benefit after a qualifying illness or injury. These are commonly called accelerated death benefits. This illustration describes access of up to 90% of the face amount.
02
Chronic illness
The insured meets the rider’s definition, which may involve help with activities of daily living or a severe cognitive impairment.
03
Critical illness
A condition specifically listed in the rider occurs and meets its medical definition. Covered conditions vary by contract.
04
Critical injury
An injury meets the definition and requirements in the rider. It is not general accident coverage.
Living benefits are not health insurance, disability income insurance, or long-term care insurance. Availability and eligibility vary by policy, rider, carrier, and state. An accelerated benefit reduces the remaining death benefit and may be subject to fees or discounts. Review the contract for details.
The Magnolio Life approach
Guidance built around your priorities.
Magnolio Life is an insurance agency, not an insurance carrier. We help you understand coverage options and request information. The illustration is a starting point — so you can ask clearer questions.
01
Set the illustration
Choose an age from 18 through 60, gender, and a face amount. The figure updates for a 20-year level term.
02
Read it as an example
The monthly amount assumes non-tobacco use and good health. It is not a quote, and it is not a promise of approval.
03
Ask for information
Request details from Magnolio Life. If you apply, the carrier — not this page — determines eligibility and price.
Is this illustration a quote?
No. An illustration shows an example premium under stated assumptions. It is not a quote, an application, or an offer of insurance. Actual premiums depend on age, health, tobacco use, state, coverage amount, and carrier underwriting.
What are living benefits?
Living benefits, often called accelerated death benefits, may allow access to part of the death benefit while living after a qualifying illness or injury. On this illustration, that access is described as up to 90% of the face amount. Any amount paid early reduces what may be left for beneficiaries.
Who is this 20-year term designed around?
A level 20-year term is protection for a defined period — often while raising a family, paying a mortgage, or replacing income. Coverage ends when the term ends unless the policy is renewed or converted under its rules. Term life usually does not build cash value.
Are living benefits included with every policy?
Availability depends on the product, carrier, state, and rider. A claim must meet the contract’s definitions. Living benefits are not health insurance, disability income, or long-term care insurance, and an accelerated benefit may be subject to fees or discounts.
Let’s talk about protecting what matters.
Explore your options with a clear understanding of coverage and policy details. Start with a conversation — no pressure to make a decision today.
Request information