Frequently Asked Questions
Why should I get Life Insurance?
- Final Expenses. Medical bills, funeral expenses, and burial costs can add up quickly and usually cost thousands of dollars. Few people want to face their own mortality, but a life insurance policy will help your family handle these expenses after you are gone.
- Mortgage Protection. In the event of death, life insurance policies may be used to pay off outstanding balances on mortgages.
- College Funding. In the event of your death, your life insurance policy can help to pay for your children’s education.
- Income Replacement. When a couple plans to exist on two incomes, and the income is reduced to one because of death, life insurance policies can help. The death benefit paid to your spouse can help maintain the lifestyle to which she is accustomed.
What is a beneficiary?
A beneficiary is the person nominated to receive the payout in the event of your death.
Do I need a medical exam to qualify for life insurance?
In most cases, only an HIV test is needed. It will be performed at the expense of the insurance company, at a time and place that is convenient for you.
How long does it take for payouts?
Payout are paid within 24 hours!