The Assurity Life Insurance Company
The Assurity Life Insurance Company origins are rooted in a century-long legacy of providing long-term security to policyholders, earning generations of customers' confidence and trust.
Focused on serving the needs of Middle America, Assurity specializes in providing innovative protection-based financial solutions for every stage of life. Assurity products can be tailored according to specific individual, family or business situations. We understand that consumers have unique protection needs and individual preferences for how they purchase their insurance protection. Assurity products and services are available through a nationwide network of brokers who serve individual clients one on one; to employees through their place of work; and by direct mail.
We focus on creating superior term life insurance value for our customers by cultivating lasting relationships, reinforcing our financial strength and fostering innovation in our products and services.
Monday, November 29, 2010
Monday, November 22, 2010
Term Life Insurance Basics
What is term life insurance?
This product is a very basic one, however you need to know the in's and out's of this type of policy because there are definite differences.
When asking yourself what is term life insurance, there are a few key things to ask. Term life insurance policies are by far the cheapest form of life insurance--at least in the beginning. In this case, a 40-year-old, non-smoking male, may pay $2,500.00 a year for a whole life policy with a death benefit of $250,000.00. However, the same policy in term form may only cost $300.00 per year. However, the whole life policy premium never increases over the years and also carries a cash build-up which can be used or borrowed at any time. The premiums on the term policy will increase as the insured grows older. For instance, when the 30-year-old male has his 70th birthday, his term life rates for that same term policy may be $12,000.00 per year, instead of the paltry $300.00 when the policy was first ordered.
This product is a very basic one, however you need to know the in's and out's of this type of policy because there are definite differences.
When asking yourself what is term life insurance, there are a few key things to ask. Term life insurance policies are by far the cheapest form of life insurance--at least in the beginning. In this case, a 40-year-old, non-smoking male, may pay $2,500.00 a year for a whole life policy with a death benefit of $250,000.00. However, the same policy in term form may only cost $300.00 per year. However, the whole life policy premium never increases over the years and also carries a cash build-up which can be used or borrowed at any time. The premiums on the term policy will increase as the insured grows older. For instance, when the 30-year-old male has his 70th birthday, his term life rates for that same term policy may be $12,000.00 per year, instead of the paltry $300.00 when the policy was first ordered.
Sunday, November 21, 2010
Learn about a Guaranteed Universal Life Insurance Policy
Guaranteed Universal Life Insurance
A guaranteed minimum interest rate applied to the universal life insurance policy (usually around 4%) means that, no matter how the investments perform, the insurance company guarantees a certain minimum return on your money. If the insurance company does well with its investments, the interest rate return on the accumulated cash value will increase.
Universal Life Insurance, unlike term life insurance, allows you to choose from two types of options for a death benefit. Option A pays the death benefit out of the policy’s cash value; the more cash value you build up means the company is on the hook for less insurance (and therefore costs less). Option B pays the face amount stated in the contract, plus any cash values you accumulated over the years (costs more). Many Universal Life Insurance policies today offer a no-lapse guarantee: as long as you pay the minimum designated premium, the policy will stay in force to age 100 (or even to age 120). However, paying the minimum guaranteed premium is rarely sufficient to build up significant cash values.
A guaranteed minimum interest rate applied to the universal life insurance policy (usually around 4%) means that, no matter how the investments perform, the insurance company guarantees a certain minimum return on your money. If the insurance company does well with its investments, the interest rate return on the accumulated cash value will increase.
Universal Life Insurance, unlike term life insurance, allows you to choose from two types of options for a death benefit. Option A pays the death benefit out of the policy’s cash value; the more cash value you build up means the company is on the hook for less insurance (and therefore costs less). Option B pays the face amount stated in the contract, plus any cash values you accumulated over the years (costs more). Many Universal Life Insurance policies today offer a no-lapse guarantee: as long as you pay the minimum designated premium, the policy will stay in force to age 100 (or even to age 120). However, paying the minimum guaranteed premium is rarely sufficient to build up significant cash values.
Tuesday, November 16, 2010
Learn about Joint Life Insurance
Joint Life Insurance.
joint life insurance products make it possible for two people to be covered under a single plan, which saves them the trouble of having to pay for two different insurance policies. This is is especially valuable for married couples or partners in some type of business. On the other hand, contrasting the solo policy where the sum assured is directly provided to the nominee, the maturity value or sum assured in case of demise of this kind insurance policy is paid just on one occasion at the moment of any insurer’s death.
This joint life insurance policy disburses a pre-determined amount of money in the event of demise of any of individuals listed on the policy, the disbursement is made to the living partner and subsequently the policy stops. Purchasing joint life insurance , like this can regularly work out, a great deal cheaper and has to be given thought in particular if both partners are employed. On the other hand, while purchasing this type of life insurance rates it is necessary to understand that if you buy a joint life first death policy and the policy ends with the first death and will leave the living partner uninsured.
joint life insurance products make it possible for two people to be covered under a single plan, which saves them the trouble of having to pay for two different insurance policies. This is is especially valuable for married couples or partners in some type of business. On the other hand, contrasting the solo policy where the sum assured is directly provided to the nominee, the maturity value or sum assured in case of demise of this kind insurance policy is paid just on one occasion at the moment of any insurer’s death.
This joint life insurance policy disburses a pre-determined amount of money in the event of demise of any of individuals listed on the policy, the disbursement is made to the living partner and subsequently the policy stops. Purchasing joint life insurance , like this can regularly work out, a great deal cheaper and has to be given thought in particular if both partners are employed. On the other hand, while purchasing this type of life insurance rates it is necessary to understand that if you buy a joint life first death policy and the policy ends with the first death and will leave the living partner uninsured.
Monday, November 15, 2010
Different Life Insurance Underwriting Classifications
Life Insurance Underwriting
Negative life insurance underwriting factors cost you money. We commissioned this study to determine exactly how much. If you are not able to change your factors to save some money, at least you will know what they are costing you!
We extended a previous study of life insurance quote sites. Note the difference in premium for the same factor. Also, one company may have the high premium for one factor and the low premium for another. See the complete study.
Be cautious about the lowest term life insurance rates. Underwriting factors may disqualify you for the lowest rates with some companies but not others. It's better to know this before applying and waiting several weeks for underwriting.
Negative life insurance underwriting factors cost you money. We commissioned this study to determine exactly how much. If you are not able to change your factors to save some money, at least you will know what they are costing you!
We extended a previous study of life insurance quote sites. Note the difference in premium for the same factor. Also, one company may have the high premium for one factor and the low premium for another. See the complete study.
Be cautious about the lowest term life insurance rates. Underwriting factors may disqualify you for the lowest rates with some companies but not others. It's better to know this before applying and waiting several weeks for underwriting.
Monday, November 8, 2010
Details about Mortgage Life Insurance
Mortgage Life Insurance
Would your family have enough financial resource to get by, or would they financially lose if you were to die? Would they afford the luxury of living in the same house, or would they need to move out?
These are a few very important questions to ask yourself and decide if you should make sure you buy enough term life insurance coverage. These types of Life insurance policies exist solely to provide money for these types of developments , and there is one life insurance policy called mortgage life insurance that is intended to cover your mortgage in the event of your death. But what is mortgage life insurance, and do you need it?
What is Mortgage Life Insurance?
Mortgage life insurance, or mortgage protection insurance, exists to repay your mortgage in the event you die or are disabled and can no longer make payments.
Would your family have enough financial resource to get by, or would they financially lose if you were to die? Would they afford the luxury of living in the same house, or would they need to move out?
These are a few very important questions to ask yourself and decide if you should make sure you buy enough term life insurance coverage. These types of Life insurance policies exist solely to provide money for these types of developments , and there is one life insurance policy called mortgage life insurance that is intended to cover your mortgage in the event of your death. But what is mortgage life insurance, and do you need it?
What is Mortgage Life Insurance?
Mortgage life insurance, or mortgage protection insurance, exists to repay your mortgage in the event you die or are disabled and can no longer make payments.
Thursday, November 4, 2010
Is your Family Life Insurance Coverage Enough?
Thoughts about Family Life Insurance
family life insurance provides life insurance for your spouse and eligible dependent children. With term life insurance, all of your eligible family members are automatically covered. Usually, dependent children must be unmarried and under age 22, or if 22 or older, incapable of self-support.
When you come to a family insurance company, remember one important thing. You are their client and you pay money. So remember that a customer is always right. You have a right to get the best for your own money and they are obliged to give you all the necessary information. You can demand to get the full information about your family life insurance, life insurance coverage, insurance rates and to get family life insurance plans. Read thoroughly all the papers you sign and never sign anything you are not agree with. A family insurance company can have some tricks to get more money and to render fewer services, so don’t let to deceive you.
family life insurance provides life insurance for your spouse and eligible dependent children. With term life insurance, all of your eligible family members are automatically covered. Usually, dependent children must be unmarried and under age 22, or if 22 or older, incapable of self-support.
When you come to a family insurance company, remember one important thing. You are their client and you pay money. So remember that a customer is always right. You have a right to get the best for your own money and they are obliged to give you all the necessary information. You can demand to get the full information about your family life insurance, life insurance coverage, insurance rates and to get family life insurance plans. Read thoroughly all the papers you sign and never sign anything you are not agree with. A family insurance company can have some tricks to get more money and to render fewer services, so don’t let to deceive you.
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