Our Fifth Season Benefits At A Glance
No restrictions on how you use advanced LILOC funds.
Eligibility for LILOC funds determined solely on the basis of a qualifying medical
profile and life insurance policy.
No requirement to repay LILOC transaction amounts during your lifetime —
and no personal obligation to repay on the part of any family member.
LILOC benefits may be up to 75% of the policy face amount and
the money you receive generally is not taxable.
A LILOC agreement generally does not jeopardize eligibility for Medicaid or
other financial assistance programs.
No medical exams, employment, or credit checks are necessary.
Money is available in a lump sum or in smaller increments, as you need it,
and you may re-borrow amounts you have chosen to repay.
May be used with most employment-based, group or individual life insurance policies
(term or whole life).
All surplus funds go to your family or other beneficiary.
Experienced and knowledgeable LILOC counselors on call.
Fifth Season pays your life insurance premiums from your LILOC account—
your family’s insurance protection is preserved.
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