Life Insurance is not something you have to have by law like car insurance. It all comes down to being your own choice if you want it or not.
When making this decision some people base it on their financial commitments as well as general spending.
Younger, single people may not feel they need to buy Life Insurance whereas a married parent may have more of a commitment to wanting a policy.
You must be 18 years or older and a US resident to apply for a policy.
We offer 2 types of Life Insurance: Term insurance and Whole of Life Insurance.
Term Life Insurance is by far the most straightforward type of policy, but there are still some big decisions to make.
There are two main types of Term Life Insurance, Level Term and Decreasing Term.
Level Term Insurance means as long as premiums are being paid, your payout will be the same amount whenever you die throughout the insured period.
You agree the amount of cover and how long you want it run for.
Decreasing Term is a cheaper option; this is where you might decide you need less cover as time goes on. With a Decreasing Term Insurance Policy, the payout reduces by an agreed amount each year.
Typically Mortgages have this type of policy set up to run alongside this is because over time your mortgage normally reduces as you continue to pay it and you may have also reduced other debts as time goes on.
Whole of Life is a policy that protects your family or anyone that is dependent on your income. Think about their financial future in case the unexpected happened.
What other products are available?
A policy to cover you and your loved ones should you become ill with a critical illness.
Income Protection covers your income in the event that you lose your job or become ill and unable to work (subject to insurer exclusions and cover taken)
Family Income Benefit
Rather than receiving a lump sum from the insurer in the event of a claim some people prefer to receive a fixed monthly sum.
Unfortunately you cannot cancel your policy online. Please call us on the numbers below to discuss your cancellation:
For all other products please visit our Contact us page where we list the phone numbers for all of our products.
If you need to make a change to your policy/details you can use your on-line login. There are lots of different functionalities here. If you are unable to make the required change/upgrade please contact us on +1 855-204-8414 and we will be happy to assist you.