Different Types of Life Insurance Available in California
Life Insurance in California
Were you aware that you – as a California resident – have many options when it comes to choosing life insurance? There is now a wide array of different types of life insurance policies available, and here at CaliforniaLife.com we offer you a choice, because we know that each individual client has different life insurance needs. We will work with you to find the right type of life insurance for this point in your life, with no high pressure sales pitches. We also won’t try to cajole you into a policy you don’t need. Instead, we will review your specific situation and find you the life insurance policies – and types – that are right for you.
California Term Life Insurance
A term life insurance policy is an excellent means of protecting your family’s financial stability if you are to pass on. California term life insurance is affordable, reliable, and provides your beneficiaries with the money that they need to not only cover your final arrangements but to also pay off debt and stay in the family home. Depending on the benefit amount of the policy, your children will have enough money to pay for a college education and your spouse will have the funds needed to comfortably retire when that time arrives. You’ve cared for your family in life; continue to do so after you’ve passed on with a California term life insurance policy from the term life insurance experts at CaliforniaLife.com.
Accidental Death and Dismemberment Insurance
In today’s fast paced world, it’s a basic fact of life that accidents can and do happen, even to the most prepared people. That’s why it’s essential that you have an accidental death and dismemberment – frequently called AD&D – insurance policy in place. A California AD&D policy, available affordably from CaliforniaLife.com, will provide benefits if you, as the policy holder, are killed or maimed in an accident, such as a drowning, car crash, or a fall. Additionally, if you lose a limb, become paralyzed, or lose your sight in an accident, your AD&D insurance policy will pay you partial benefits.
Hybrid Life Insurance
A new life insurance option, here at CaliforniaLife.com we are pleased to offer our life insurance clients hybrid life insurance policies. California hbrid life insurance is a combination of term life and accidental death and dismemberment (AD&D) insurance. Your policy will have the benefits split between the term life and the AD&D coverage, usually with a larger percentage of AD&D coverage. No medical exam is required for your hybrid life insurance policy, but you are offered the option of having one, within the first six months your policy is in place. Depending on the results of the optional medical exam, your overall benefit amount will remain the same, but you may see a shift in percentage to having more term life coverage.
No Medical Exam Life Insurance
Yes, there are life insurance policies that do not require you to undergo an embarrassing, frustrating medical exam. While the best insurance terms and benefits usually require an exam, there are many policies currently available through CaliforniaLife.com that will provide you with the life insurance you need without the medical exam requirement.
Mortgage Life Insurance
Do you worry if your family will be able to afford to make the monthly mortgage payment and stay in their family home if something were to happen to you? Then you need to talk to our mortgage life insurance experts here at CaliforniaLife.com. Today’s mortgage life insurance is widely available, very affordable, and it’s yet another method of protecting your family in the event of your death. The older mortgage life insurance policies paid out to the mortgage holder on your family’s home. However, today’s policies pay the benefits directly to the policy’s designated beneficiaries, so your loved ones are able to wisely use the money as they see best.