Home Products Services Resources

Individual Life Insurance

Life insurance has many uses for individuals. Individuals and families should purchase life insurance outside of their employer’s benefit package to continue coverage regardless of employment status or employer’s benefit plan. Some common uses include:

Funeral Life insurance proceeds can ensure that there is enough money for proper funeral and burial expenses
Debt Personal bills, credit card debt, student loans, and personal notes can be covered by life insurance in the event of an individual's death
Mortgage Protection The proceeds of a life insurance policy can pay off the balance of a mortgage or provide an income stream to pay monthly mortgage or rent payments
Income Replacement In the event of an individual's death, life insurance proceeds can provide a supplemental income stream to ensure that the surviving family members are able to maintain the same standard of living
Education Life insurance proceeds can ensure that the education costs of the insured's children are covered
Taxes Federal estate and state inheritance taxes can be pre-funded using life insurance to preserve the value of an estate.
Donations/Gifts An individual can use a life insurance policy to fund a donation to a charity or leave a gift to a family member

Not sure how much Life Insurance you need? Check out our Needs Assesment tools.

With Benefitsphere, you have a choice. Search online from our group of top rated health insurance carriers or, for a more extensive selection of options, request a custom quote, tailored to your individual needs.

Learn more about  Chase (formerly Zurich)     Get a quote from Humana

Or, request a custom quote:
Request a Customized Search