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Term life insurance, also known as pure life insurance, is a type of life insurance that guarantees payment of a stated death benefit if the covered person dies during a specified term. Once the term expires, the policyholder can either renew it for another term, convert the policy to permanent coverage, or allow the term life insuran
Term life insurance, also known as pure life insurance, is a type of life insurance that guarantees payment of a stated death benefit if the covered person dies during a specified term. Once the term expires, the policyholder can either renew it for another term, convert the policy to permanent coverage, or allow the term life insurance policy to terminate. Want to learn about the differences between term life and whole life? Click here
As you know, Final expense insurance, also referred to as burial insurance, covers end-of-life expenses including funeral arrangements and any remaining medical or legal expenses that will need to be settled by your beneficiary. But if you're working with a tight budget, we can help find you an affordable option.
Accidental death and dismemberment (AD&D) insurance is insurance—usually added as a rider to a health insurance or life insurance policy—that covers the unintentional death or dismemberment of the insured. Dismemberment includes the loss, or the loss of use, of body parts or functions (e.g., limbs, speech, eyesight, and hearing).
Permanent life insurance is an umbrella term for life insurance policies that do not expire. The two primary types of permanent life insurance are whole life and universal life, and most permanent life insurance combines a death benefit with a savings portion. Whole life insurance offers coverage for the full lifetime of the insured,
Permanent life insurance is an umbrella term for life insurance policies that do not expire. The two primary types of permanent life insurance are whole life and universal life, and most permanent life insurance combines a death benefit with a savings portion. Whole life insurance offers coverage for the full lifetime of the insured, and its savings can grow at a guaranteed rate. Want to learn about the differences between term life and whole life? Click here
Life insurance riders are optional benefits you can add on top of the normal coverage your life policy offers. For example, you may add a rider that lets you defer your premiums if you become disabled, or another that lets you add more coverage later without a medical exam. Adding a rider to your policy may increase your premium, but
Life insurance riders are optional benefits you can add on top of the normal coverage your life policy offers. For example, you may add a rider that lets you defer your premiums if you become disabled, or another that lets you add more coverage later without a medical exam. Adding a rider to your policy may increase your premium, but the flexibility it offers can be worth the extra cost. Some examples of Life Insurance Riders include:
-Accidental Death Benefit Rider
-Family Accidental Death Benefit Rider
-Terminal Illness Rider
-Child Rider
-Inflation Rider
-Return of Premium Insurance Rider
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