Living Benefits Life Insurance.
Living Benefits are the new kind of life insurance. In short, it's life insurance you don't have to die to use.
What is Living Benefits Life Insurance?
Living benefits life insurance is a modern type of life insurance policy that allows the policyholder to access a portion of their death benefit while still alive if diagnosed with a qualifying critical, chronic, or terminal illness. Unlike traditional life insurance that only pays out upon death, living benefits policies cover conditions like cancer, heart attack, stroke, paralysis, and Alzheimer's disease. The policyholder can use the accelerated funds for any purpose. medical bills, mortgage payments, lost income, or quality-of-life expenses.
Living Benefits are the cornerstone of Divine Path Financial's 'Protect' pillar. providing financial protection when you need it most, not just after you're gone.
Real People. Real Stories.
The following are real people, not actors. These are their stories.
Do you have the old kind or the new kind?
The Old Kind
Traditional life insurance only pays out when you die. Your family gets a check, but you never see a dime of the money you've been paying into your policy.
- Only pays out upon death
- No access during your lifetime
- No protection against critical illness
The New Kind
Living Benefits life insurance pays out while you're still alive. If you suffer a heart attack, stroke, cancer, or other qualifying condition, you can access your death benefit early.
- Pays out upon death AND while living
- Access funds when you need them most
- Covers critical, chronic & terminal illness
What are Living Benefits?
Living Benefits life insurance represents a modern twist on life insurance coverage. By having a policy with Living Benefits, you gain "early access" to the policy's death benefit if you become seriously ill or injured during your lifetime.
Protect your family
We can't always predict life's unexpected curveballs, but we can plan for them. By covering your family with Living Benefits, you give your loved ones the gift of financial readiness.
Avoid medical bankruptcy
Financial stress does not have to be a part of a major health event. Living Benefits can put a lump sum of cash in your hands to cover your medical expenses.
Live with peace of mind
By protecting your loved ones and proactively eliminating financial risks, you can rest assured that you have planned and are prepared for any surprises life throws your way.
Think of Living Benefits like the airbags in your car.
You buy car insurance hoping you'll never need it. But if something goes wrong, airbags deploy automatically to protect you. Living Benefits work the same way. they're built into your life insurance policy at no extra cost, and they activate when you need them most.
If you suffer a critical illness like cancer, a heart attack, or a stroke, Living Benefits let you access your policy's death benefit while you're still alive. putting tax-free cash in your hands when it matters most.
How do Living Benefits work?
Living Benefits are built-in features that allow policyholders to access their death benefit "early" to get money in their hands when they need it most. If an insured party suffers and survives a heart attack, stroke, cancer, or other qualifying illnesses, they will have access to potentially hundreds of thousands of tax-free dollars, delivered straight to their bank account.
The best part? These Living Benefits come included at no extra cost!
Critical Illness
Heart attack, stroke, cancer, major organ transplant, and more. Access your death benefit early if diagnosed with a qualifying critical illness.
Chronic Illness
If you're unable to perform 2 of 6 activities of daily living or require substantial supervision due to cognitive impairment, you may qualify.
Terminal Illness
If diagnosed with a terminal illness with a life expectancy of 24 months or less, you can accelerate your death benefit to use however you choose.
Do more with your life insurance policy.
More options, more flexibility, and more protection, all for the same price as an old-fashioned life insurance policy that only pays out if you die.
| Pays Out Upon: | Traditional Life Insurance | Life Insurance with Living Benefits |
|---|---|---|
| Death | ||
| Heart Attack | ||
| Stroke | ||
| Cancer | ||
| Blindness | ||
| Paralysis | ||
| Traumatic Brain Injury | ||
| Same Price | Same Price |
Qualifying illnesses & injuries
Some examples of the "triggering conditions" that may allow a policy holder to activate Living Benefits features:
Frequently Asked Questions
How do Living Benefits Work?
Once a qualifying health event has occurred on an active policy, a Living Benefits policy will allow the insured party to accelerate the death benefit, essentially allowing early access to the policy's death benefit at a discounted rate. The more impact the health condition had on the insured's life expectancy, the more money they will be offered.
What is an example of a Living Benefits payout?
A client with a $500,000 Term policy who suffers a major, life-threatening cancer diagnosis may be offered $400,000 in exchange for accelerating their full $500,000 policy. A client with a minor heart attack and positive prognosis may be offered $100,000. In all cases, it's the client's decision whether to accept.
Why own Living Benefits?
Compared to traditional life insurance, which only pays out if you die, Living Benefits provide you with more options and more access to your policy's benefits in more scenarios. Any Living Benefits claim offer can always be declined, but having options is always better than not having options.
How do I get Living Benefits?
Living Benefits are kind of our thing. Reach out to us. we can connect you with our network of licensed Living Benefits experts who can audit any current coverage you have and make sure your family has the most modern and up-to-date coverage available.
Talk to a real person — not a call center.
Stanley Gauss personally takes your call. No pressure, no jargon, no obligation. Just a straight answer to your question.
Available Mon–Fri, 9am–6pm ET.
New Jersey Coverage Area
Living benefits life insurance across New Jersey
Modern life insurance with critical, chronic, and terminal illness benefits — written for families nationwide.
- Red Bank, Monmouth County, NJ
- Bayville, Ocean County, NJ
- Toms River, Ocean County, NJ
- Brick, Ocean County, NJ
- Jackson, Ocean County, NJ
- Lakewood, Ocean County, NJ
- Manahawkin, Ocean County, NJ
- Point Pleasant, Ocean County, NJ
- Middletown, Monmouth County, NJ
- Holmdel, Monmouth County, NJ
- Rumson, Monmouth County, NJ
- Freehold, Monmouth County, NJ
- Marlboro, Monmouth County, NJ
- Manalapan, Monmouth County, NJ
- Colts Neck, Monmouth County, NJ
- Howell, Monmouth County, NJ
- Wall, Monmouth County, NJ
- Long Branch, Monmouth County, NJ
- Asbury Park, Monmouth County, NJ
- Neptune, Monmouth County, NJ
- Old Bridge, Middlesex County, NJ
- East Brunswick, Middlesex County, NJ
- Edison, Middlesex County, NJ
- Woodbridge, Middlesex County, NJ
- Sayreville, Middlesex County, NJ
- Mount Laurel, Burlington County, NJ
- Medford, Burlington County, NJ
- Cherry Hill, Camden County, NJ
- Princeton, Mercer County, NJ
- Hamilton, Mercer County, NJ
Also serving Monmouth, Ocean, Middlesex, Burlington, Mercer, and Camden counties — plus the rest of New Jersey by phone and video.
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Helping you get the most out of life.
Get StartedABOUT STANLEY GAUSS
Stanley Gauss brings more than a decade in financial services and over two decades of strategic business planning experience to his work with families and business owners. He is a relentless advocate for the middle class, focused on protecting people from bad advice, opaque products, and systems designed to benefit institutions over individuals.
Through Divine Path Financial, Stanley leads with education, transparency, and disciplined strategy. helping clients make clear, confident decisions that strengthen income, preserve wealth, and build lasting stability for the generations that follow.
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