Life Insurance
Life Insurance Quote Forms
Looking for coverage? Click any of the following links to submit a quote for quick, accurate and affordable rates.
Life Insurance Customer Service Options
Self policy service any time of the day, directly from our website. To request a policy change on your account, click any of the following policy service options below.
Life Insurance Information
Life insurance may provide your loved ones with crucial funds and help maintain their lifestyle in case of your untimely passing. By getting a life insurance policy, you can help your family pay debts and cover day-to-day expenses in the future.
How Does Life Insurance Work?
Life insurance is a contract between you and an insurance company, where the insurer may agree to pay a set amount to one or more named beneficiaries upon your death. In exchange, you pay premiums to the insurer during your lifetime.
The following are the two main types of life insurance:
- Permanent life insurance may cover you throughout your life as long as premiums are paid. It typically builds up cash value over time.
- Term life insurance may cover you for a specific period (usually 10 to 30 years). It is more affordable than permanent life because it does not accumulate cash value.
What Does Life Insurance Cover?
Life insurance is mainly there to help your loved ones manage their financial obligations after you’re gone. They can use the death benefit for the following:
- Paying off debts (e.g., mortgage or loans)
How Much Is Life Insurance?
The cost of life insurance can vary quite a bit. Factors such as your age, health, lifestyle and the type of policy you choose all play a role. Your health and age significantly impact cost, so purchasing a policy as soon as you need it is wise. Reach out to an insurance agent who can help assess your financial situation and how much coverage you need.
Learn More
Prairieland Insurance Group is ready to help build your custom life insurance plan. Contact us today for a life insurance quote.
|