Assurity Launches Innovative Whole Life Insurance Plans
Introducing a new era in life insurance, Assurity Life Insurance Company has unveiled an advanced participating Whole Life Insurance product that is tailor-made to suit clients across various life stages. With two distinct plan designs, this insurance aims to meet diverse client needs through accelerated underwriting for amounts up to $1 million and options for dividend eligibility.
Flexible Coverage Tailored for All Generations
Assurity's innovative Whole Life Insurance offers comprehensive coverage for both adults and juveniles, utilizing a simplified application process that increases accessibility. The Whole Life Protect+ Insurance plan is designed to optimize the death benefit while offering affordability, while the Whole Life Perform+ Insurance plan emphasizes cash value growth. Notably, both plans provide important living benefits via the Accelerated Death Benefit Rider, enabling clients to access a portion of their death benefit in the event of chronic, terminal, or critical illnesses.
Streamlined Application Process for Easier Accessibility
In today's fast-paced world, obtaining permanent life insurance should be a straightforward experience. Todd Reimers, Assurity's Chief Distribution Officer, emphasizes, "Permanent life insurance can fit so many needs. We set out to make it easier for customers to get more out of life with new features and reliable protection." The company has implemented a simplified approval process and streamlined applications, particularly for children's insurance, making it easier than ever to secure vital coverage.
Customized Plans with Flexible Payment Options
Assurity's whole life plans offer various payment structures, allowing customers to select limited-pay options ranging from a 10-year payment period to a plan that continues until the policyholder reaches 100 years old. Clients can also tailor their coverage with a range of 11 optional riders, including the Level Term Rider and the Guaranteed Insurability Rider, alongside standard face amounts starting at $10,000.
About Assurity: A Legacy of Reliability
Assurity has been a cornerstone of stability for families across America for over 130 years. The company is dedicated to providing peace of mind through accessible insurance solutions that safeguard what is most important to its clients. As a mutual organization and a Certified B Corporation, Assurity prioritizes the welfare of its clients above all else, embodying a people-first philosophy that focuses on building a brighter future together.
Frequently Asked Questions
What is Assurity's new Whole Life Insurance product?
Assurity's new Whole Life Insurance is a customizable insurance option that offers security and catered benefits for clients at different life stages.
How does the application process work?
Assurity has simplified the application process, making it more accessible and efficient for clients, especially children.
What are the key features of this Whole Life Insurance?
The insurance includes options for accelerated underwriting, dividend eligibility, living benefits, and a variety of customizable riders.
Can I customize my whole life insurance plan?
Yes, Assurity offers several customizable features, including payment options and a variety of riders to suit individual needs.
What is the importance of the Accelerated Death Benefit Rider?
This rider allows policyholders to access a portion of their death benefit when faced with chronic, terminal, or critical illnesses, providing much-needed financial support.
