Dailybeam

Individuals and companies with at least 10 employees have another option for life insurance coverage. With Jefferson Pilot Life Insurance, you can find the right policy for your family or workplace. If you are an individual looking for a plan, you can choose between getting variable universal life, universal life or term life insurance. Businesses can purchase a group plan with the group term life and Accidental Death and Dismemberment (AD&D) option. With the variable universal life insurance, you will have the option of choosing between 100 different contracts. If you are looking for a way to preserve your wealth or accumulate wealth, there is a plan for you. Business planning and generation of tax-free money streams is also a possibility. You can contact a rep to help you decide what you need. The universal life insurance plan options offer flexible premium rates, adjustable death benefit amount – raise or lower them as your life circumstances change and choose between different riders. Term life insurance is also offered; this may be for you if you need coverage for a specified amount of time. Group term life insurance and AD&D is available to companies with 10 or more employees. Guaranteed rates are offered for multiple years (specified in contract) and coverage is also available for dependents. These two offer accelerated death benefit, waiver of premium and coverage continuation. The policyholders can choose to convert to a permanent plan anytime.