What is one condition under which a policyholder can access the "living benefit" rider funds?

In the context of life insurance policies, a "living benefit" rider allows policyholders to access a portion of the death benefit while they are still alive under certain conditions. One of the primary conditions for accessing these funds is a critical illness diagnosis. This means if the policyholder is diagnosed with a severe illness that impacts their longevity or quality of life, they can utilize these funds to help cover medical expenses, living costs, or other financial obligations during their illness.

This arrangement provides crucial support during difficult times when individuals face significant medical challenges. The availability of these funds helps alleviate some financial burden, allowing policyholders to focus on their health and wellbeing without the added stress of financial worries. This rider is designed to provide a safety net for those facing critical health issues, reflecting the policyholder's need for financial assistance when it is most pressing.

The other circumstances listed do not typically trigger access to living benefit funds, as they usually pertain to financial planning or employment changes rather than immediate health crises. Thus, the condition of having a critical illness diagnosis is specifically aligned with the purpose of the living benefit rider.