California Life Insurance

Looking for Group Life Insurance?
Visit our California Group Insurance section.

We offer two types of life insurance. The first is Term Life and the second is Permanent Life. The fundamental difference between the two types is that one (Term) is designed to last a fixed period of time and the other (permanent) is designed to last a lifetime.

Term Life Insurance can be bought in 5, 10, 15, 20, 25 and 30-year increments. Term Life Insurance is good for covering mortgages or other items that are time-specific. It is reasonably priced.

Permanent Life Insurance is Term Insurance with a savings account. It is usually more expensive than Term Life Insurance. It can be designed to last to any age. You may know of this type of insurance as "Whole Life" or "Universal Life". Universal Life Insurance is an interest rate sensitive product that grows cash value tax deferred. The cash value is used to help fund the policy in later years when your cost of insurance rises. Being that Universal Life Insurance is interest rate sensitive, the length of the policy will fluctuate with interest rate increases and decreases.

For example, let's say you purchased a Universal Life Insurance policy that was designed to last to your age 90 at a current interest rate of 4%. After several years of owning your policy, the insurance company declares an interest rate of 5%. This will have a positive impact on your policy by allowing your cash value to grow and your length of your policy to extend. The same holds true in reverse. If interest rates decline, your cash value will decrease and the length of your policy will decrease.

In recent years, the insurance industry has begun to offer guaranteed Universal Life Insurance. This product is not interest rate sensitive and provides a guaranteed death benefit to the length or age you desire.

Call us today at 800-500-1916 for a free life insurance quote and needs assessment.

Instant California Term Life Insurance Quotes

If you need assistance or if you would like to request a personalized California life insurance quote please call 800-500-1916.

Understanding Your Health Class

Your Health Class is one of the main factors life insurance companies use to price the cost of your insurance. The healthier you are, the lower your cost. When choosing your health class, think of regular to be "average" and Preferred Plus as being "Super Man" health. You may fall in the best and lowest cost class, "Preferred Plus" or be rated as severely as "regular" with additional costs for the most challenging of health. There are additional factors that an insurance company evaluates when determining your life insurance rate which is why you need to talk to a licensed and experienced life insurance agent before submitting any insurance application.

Instant Life Insurance Quote
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Any rate you receive from this quoting system is just a hypothetical. In no way are we guaranteeing these rates as there are many factors that determine your cost of life insurance. The Life Insurance Company, not the agent, makes all final decisions regarding the cost of your life insurance.