LIFE INSURANCE

Life Insurance in Rock Hill & Greenville, SC

Life insurance gives your family financial security by offering a financial disbursement in the event of your death. By getting life insurance, you are protecting your family from dealing with an unexpected financial burden during a time when they need help and care the most. 

 

Our life insurance advisors at CIIG are highly qualified to help you get the best life insurance coverage to protect your family and give you peace of mind. Contact us today to see why we’re the best place to get life insurance in Rock Hill and Greenville, SC.

What is Personal Life Insurance?

When you buy life insurance, you enter into a contractual agreement with a life insurance company, denoting that they will pay your survivors a predetermined amount of money when you die. This amount is sometimes referred to as a death benefit, and it can help your survivors pay for final expenses and cover the loss of your income. There are a few different types of life insurance policies that you can choose from, depending on your situation and needs.

Types of Life Insurance Coverage

These are the five main types of life insurance available. Speak with one of CIIG’s life insurance advisors today to figure out which one makes the most sense for you.

TERM LIFE INSURANCE

You have three options: basic, supplemental, and Dependent.

WHOLE LIFE INSURANCE

Offering lifetime protection as long as the policy is in force.

UNIVERSAL LIFE INSURANCE

A flexible permanent life insurance policy that can be adjusted.

GUARANTEED UNIVERSAL LIFE

A combination of whole and universal life coverage.

VARIABLE UNIVERSAL LIFE

Permanent protection and the potential for cash value growth

FAQs About Life Insurance

Do I qualify for Life Insurance?

To qualify for life insurance, you will need to undergo a health evaluation. This is why many young adults choose to get life insurance, even if they don’t have dependents. Your life insurance premiums will be lower when you are young and healthy, so it’s a good idea to get life insurance at a younger age in order to lock in a low rate.

How old do I need to be to purchase Life Insurance?

There’s no such thing as too young or too old to get life insurance. Younger adults tend to be healthier and can usually get lower premiums than older adults. However, don’t let that stop you from getting coverage if you are past your 20s. Start your life insurance coverage as soon as possible to maximize your investment.

Do I need a separate life insurance policy if my employer already offers me one?

Many employers offer life insurance as part of their benefits packages, which is great for employees. However, these policies often leave gaps and do not provide the full coverage that an individual policy can for your survivors. Plus, the life insurance coverage often goes away once you are no longer employed at that company.

Give your family financial security after your passing with a life insurance policy. Talk to one of our advisors today to see what type of life insurance coverage will work best for you.