Life Insurance Or Personal Insurance

A life insurance policy is a contract with an insurance company. In exchange for premium payments, the insurance company provides a lump-sum payment, known as a death benefit, to beneficiaries upon the insured's death. Typically, life insurance is chosen based on the needs and goals of the owner.. personal insurance. noun. 1 : insurance of human life values against the risks of death, injury, illness or against expenses incidental to the latter. 2 : insurance purchased for personal or family protection purposes as contrasted with insurance of business property or interests.. One common type of personal insurance is life insurance. Life insurance covers the risk associated with the death of a loved one--typically a wage-earner. For instance, if a husband earns $50,000 per year and his wife and dependent children do not have wages, the family would probably be in a dire financial situation if he were to die.. Term Life Insurance. Term life insurance provides affordable coverage to meet your temporary needs. You'll receive a guaranteed death benefit for the term you choose, and your payments are guaranteed to remain level for the length of the term..

Life insurance policies provide beneficiaries with lump-sum payments when the insured party passes away or after a specific period of time has passed. Life insurance provides financial security by replacing lost income and covering expenses. If you're looking for a life insurance policy, we've got you covered.. Life Insurance Life insurance helps your life’s moments live on. Whether it keeps paying the mortgage, maintains a current standard of living, pays off debts or pays for college, the life insurance you choose can be there when it’s needed most by your loved ones. Contact an agent about Life Insurance.

Life Insurance . Plan today for the uncertainties of tomorrow. You can have peace of mind today knowing those who depend on you will be secure tomorrow with life insurance. See how easy it is to protect the people you love.. Personal Insurance Coverage You Can Count On. In life, we don’t always see what’s around the bend but one thing is sure, the unexpected happens. When it does, you can be ready. Let us help protect you, your family and your property.. Group Insurance coverages and Group Variable Universal Life (GVUL) coverage are issued by The Prudential Insurance Company of America; and, GVUL is distributed through Prudential Investment Management Services, LLC. Both are Prudential Financial companies, Newark, NJ..