{"id":762,"date":"2026-10-30T04:00:00","date_gmt":"2026-10-30T10:00:00","guid":{"rendered":"https:\/\/www.crosscreekinsurance.com\/blog\/?p=762"},"modified":"2026-10-09T14:32:34","modified_gmt":"2026-10-09T20:32:34","slug":"can-i-use-my-life-insurance-as-income","status":"publish","type":"post","link":"https:\/\/www.crosscreekinsurance.com\/blog\/can-i-use-my-life-insurance-as-income\/","title":{"rendered":"Can I Use My Life Insurance As Income?"},"content":{"rendered":"<p>Making wise financial decisions can be challenging for everyone. Many of these decisions involve planning for the disposition of your assets after you pass away. If you&#8217;re near Hope Mills, NC, our team at Cross Creek Insurance invites you to visit our office to discuss your insurance options. We&#8217;ve been helping clients like you since 2001.<\/p>\n<h2>Can I Use My Life Insurance As Income?<\/h2>\n<p>While most clients buy life insurance to provide financial support for their families after they pass away, some choose policies that also allow the policyholder to access part of the policy&#8217;s value as a source of income during their lifetime. These funds are generally referred to as living benefits. While some living benefits are distributed at planned intervals, other policies include a rider that allows a payout upon request.<\/p>\n<p>Some clients choose a life insurance policy with a cash value component, allowing the policyholder to withdraw part of the cash value once the policy has accumulated sufficient funds. Another type of living benefit is a long-term care rider, which allows a portion of the policy&#8217;s funds to be used to help cover long-term care costs if needed.<\/p>\n<h2>Contact Us Today for Your Appointment<\/h2>\n<p>Life insurance is often a tremendous source of support for families, and it can bring real peace of mind knowing your policy can provide that support when it&#8217;s needed most. Our team at Cross Creek Insurance has the experience to help you understand the different types of life insurance policies available. Clients near Hope Mills, NC, have come to know that our team provides excellent client support. Give us a call today and let us help you find the life insurance policy that&#8217;s best for you.<\/p>\n<hr \/>\n","protected":false},"excerpt":{"rendered":"<p>Making wise financial decisions can be challenging for everyone. Many of these decisions involve planning for the disposition of your assets after you pass away. If you&#8217;re near Hope Mills, NC, our team at Cross Creek Insurance invites you to visit our office to discuss your insurance options. We&#8217;ve been helping clients like you since [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[145,7,158,152,8],"class_list":["post-762","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-cross-creek-insurance","tag-hope-mills","tag-insurance","tag-life","tag-nc"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.4 - aioseo.com -->\n\t<meta name=\"description\" content=\"Making wise financial decisions can be challenging for everyone. Many of these decisions involve planning for the disposition of your assets after you pass away. 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