LIFE INSURANCE STATISTICS
From December 1986 to September 2017, funeral expenses rose 227.1 percent, while prices for all items rose 123.4 percent.1
The national median cost of a funeral with viewing and burial in 2016 was $7,360.1
In 2016, nearly 3 out of 4 consumers, 73%, died with significant outstanding debt. The average total balance of their debt was $61,554, including mortgage debt. Without home loans, the average balance was $12,875.2
Coverage through retirement with premiums and benefits that don’t change with age. Whole Life can also build cash value that employees can access to help cover key life events such as mortgage costs, a child’s education expenses, retirement income and more.
STANDARD BENEFITS
Accelerated Benefit for Terminal Illness
Facility Care Accelerated Benefit
Lifelong Coverage (With Premiums Paid)
OPTIONAL BENEFITS
Accidental Death and Dismemberment
Automatic Benefit Increase
Family Term
Loss of Work
Level Term to Age 65
Waiver of Premium
Affordable protection with set premiums for either 10-year or 20-year term period. Premiums are guaranteed and will not increase during the term period.
STANDARD BENEFITS
Portability
Terminal Illness Benefit
OPTIONAL BENEFITS
Accelerated Benefit for Critical Illness
Accidental Death and Dismemberment
Automatic Benefit Increase
Family Term
Loss of Work
Total Disability Premium Waiver
Provides another layer of flexibility with adjustable premiums and permanent coverage. Universal life can also build cash value that employees can tap into during their lifetime.
TWO BENEFIT OPTIONS
Increasing Death Benefit
Level Death Benefit
STANDARD BENEFIT
Accelerated Death Benefit for Terminal Illness
OPTIONAL BENEFITS
Accelerated Benefit for Critical Illness
Accelerated Death Benefit for Chronic Illness
Accidental Death and Dismemberment
Family Coverage
Long Term Care Rider (NEW!)
Waiver of Monthly Deductions for Total Disability
Life insurance is designed to help protect the people who matter most, but understanding how it works and the coverage options available can feel overwhelming. Learn the basics of life insurance, common misconceptions and how to determine what coverage may be right for you.
Funeral costs, medical bills and other final expenses can create an unexpected financial burden for loved ones. Learn how final expense insurance works, what it can help cover and how it can provide added financial protection for your family.
