LIFE INSURANCE STATISTICS
227.1%
From December 1986 to September 2017, funeral expenses rose 227.1 percent, while prices for all items rose 123.4 percent.1
$7,360
The national median cost of a funeral with viewing and burial in 2016 was $7,360.1
$61,554
In 2016, nearly 3 out of 4 consumers, 73%, died with significant outstanding debt. The average total balance of their debt was $61,554, including mortgage debt. Without home loans, the average balance was $12,875.2
Whole Life
Coverage through retirement with premiums and benefits that don’t change with age. Whole Life can also build cash value that employees can access to help cover key life events such as mortgage costs, a child’s education expenses, retirement income and more.
STANDARD BENEFITS
Accelerated Benefit for Terminal Illness
Facility Care Accelerated Benefit
Lifelong Coverage (With Premiums Paid)
OPTIONAL BENEFITS
Accidental Death and Dismemberment
Automatic Benefit Increase
Family Term
Loss of Work
Level Term to Age 65
Waiver of Premium
Term Life
Affordable protection with set premiums for either 10-year or 20-year term period. Premiums are guaranteed and will not increase during the term period.
STANDARD BENEFITS
Portability
Terminal Illness Benefit
OPTIONAL BENEFITS
Accelerated Benefit for Critical Illness
Accidental Death and Dismemberment
Automatic Benefit Increase
Family Term
Loss of Work
Total Disability Premium Waiver
Universal Life
Provides another layer of flexibility with adjustable premiums and permanent coverage. Universal life can also build cash value that employees can tap into during their lifetime.
TWO BENEFIT OPTIONS
Increasing Death Benefit
Level Death Benefit
STANDARD BENEFIT
Accelerated Death Benefit for Terminal Illness
OPTIONAL BENEFITS
Accelerated Benefit for Critical Illness
Accelerated Death Benefit for Chronic Illness
Accidental Death and Dismemberment
Family Coverage
Waiver of Monthly Deductions for Total Disability