Products That Give You Peace Of Mind
Whole Life Insurance and Term Life Insurance
There are two types of insurance, whole life and term insurance. The specifics of your life – your age, income, and other factors – will help determine which type of and how much life insurance is most appropriate for you. But one fact is always true – funds for your funeral and final expenses will always be needed. If the loss of your income would negatively impact those who depend on you, it may be prudent to add a term life policy to a whole life policy. Term life insurance can help your family financially if you should die during your peak earnings and asset accumulation years.
Supplemental Accident and Health Insurance
- Accident Protection
- Hospital Indemnity
- Cancer Protection
- Critical Illness
Just the thought of an accident taking the life of a loved one is very troubling. Find out how American Income Life can help when an accident takes the life of a loved one.
The first question you’re asked at the hospital is not “What’s wrong?” or, “Where does it hurt?,” but “Do you have insurance?” American Income Life’s Hospital Indemnity policy can help during this time.
When cancer strikes, it shows no favoritism. Everyone is at risk. Find out how American Income Life can help protect you financially when cancer strikes.
How would you handle a critical illness? Could you pay your bills and take care of your family financially if you were unable to work for weeks … or months? Learn how American Income Life can help protect you today.
What is Whole Life Insurance?
A form of permanent life insurance, whole life insurance features guaranteed premiums, death benefits, and cash value. Whole life insurance policies also give you the potential to receive dividends, which can increase the value of the policy when the insured is living or provide an increased death benefit for your beneficiaries.
What is Term Life Insurance?
Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time – the relevant term. Term insurance is the least expensive way to purchase a substantial death benefit on a coverage amount.