Life insurance directly pays your survivors when you pass away.
What is life insurance?
It’s a contract between the life insurance policyholder and the insurance company. When the policyholder passes away, the insurance company promises to pay the policyholder’s designated beneficiaries a sum of money.
Who can take out a life insurance policy?
There are certain rules and requirements people must follow to take out a life insurance policy for themselves or their children.
What's covered & not covered under life insurance?
Life insurance policies cover the person named in the policy when they pass away. The policy then pays out proceeds to the person the policyholder names as their beneficiary.
What to consider before buying life insurance
Before you buy a policy, make sure you consider your financial situation and needs.
When is the best time to buy life insurance?
The best time to buy life insurance is when you are young and healthy.
Who sells life insurance?
Only buy insurance from a licensed agent or an authorized company. Use our agent/company lookup tool to find a licensed agent or authorized company.
What to do when changing life insurance policies
Be aware that life insurance is a long-term commitment. It's usually not in your best interest to move from company to company.