FAQs

We've got you covered. Get answers to all of your life insurance questions.

Life insurance basics

  • What is life insurance?

    You make payments to a life insurance company, and they give your loved ones a payout if you pass away.

  • What is a beneficiary?

    The person(s) who receives the policy proceeds if you pass away while your policy is in force.

  • How much do I need?

    Everyone’s needs are different. When purchasing coverage evaluate what you're buying for to determine how much you need.

  • Can I choose more than one beneficiary?

    Yes. You are able to choose multiple beneficiaries.

  • What is permenant and whole life insurance?

    Permanent life insurance lasts for your whole life and typically has a cash value component.

  • What is a rider?

    It's a document that becomes part of the life insurance policy, which can provide additional coverage and benefits.

  • What does life insurance cover?

    What life insurance covers can be answered in two ways: the expense it covers, and the types of dealths it covers.

  • Do I really need life insurance?

    If you’re married, have children or dependents, own a home, or own a business—you probably do.

  • Which term length is right for me?

    It can depend on several factors, including your children’s age, your proximity to retirement, and your mortgage.

  • What is a death benefit? Is it taxed?

    The lump-sum payment your beneficiary receives if you pass away. Generally, it’s not taxed.

  • What are the benefits of a guaranteed issue whole life insurance policy?

    No medical exams, level premiums, policy builds cash value, and guaranteed approval.


  • Is Guaranteed Issue Whole Life right for me?

    This policy option is best for people over the age of 65 years old.