Standard Life Insurance
Most people take out a life insurance policy to give themselves the peace of mind knowing that on their death the remaining family will not be left to pay off any expensive funeral bills. By paying a monthly premium throughout their life time the beneficiary will be able to claim a lump sum of money together with any additional bonuses. With so many different kinds of life insurance policies available and so many Insurance Companies doing business it might be difficult to decide which one is the best. Standard Life Insurance Company has been looking after its customers for more than one hundred years and has assets of $14.5 billion. It was included in Wards Top 50 Life Insurers and the Company which is usually referred to as "The Standard" has its headquarters in Portland, Oregon. Standard Life Insurance Company can offer Permanent Life Insurance, Term Life Insurance, Group Life Insurance, Universal Life Insurance, Variable Life Insurance as well as Accidental Death and Dismemberment Insurance. With nearly 9 million customers the Standard can offer Life Insurance for businesses and individuals alike. As well as Life Insurance it also offers insurance cover for dental treatment, disability insurance and retirement plans. The Company has offices in Washington DC as well as being licensed for business in 49 states.
For anyone considering taking out a Life Insurance policy it is always cheaper for a younger person than someone who is older. An older person is seen by the Insurance Company as being more at risk from dying than a younger person. All Insurance Companies ask applicants to fill in an application form before they can give a quote. They will need details of your age, health, family medical history, occupation and whether you have any dangerous hobbies such as mountaineering or motor racing. Depending on the information provided they will be able to give a quote as to how much the Life Insurance policy will cost. Anyone taking out a Permanent Life Insurance policy usually pays a monthly premium all their life. In some cases if the insurance premium has been paid for thirty years or more the policy may be classed as a fully paid up policy and no more premiums will need to be paid. However, no money can be claimed until the death of the insured person. The Insurance Company will ask to see the death certificate and an insurance claim form completed before any money is paid out. Other Life Insurance policies work differently and may only insured the person for a set number of years. Some Life Insurance policies not only cover death but also offer income protection. Standard Life Insurance Company offer advice to anyone who may be having difficulty deciding which policy is the most suitable. Some Life Insurance policies can help people protect their assets as well as their financial future. Standard Life Insurance is a reputable and trustworthy Insurance Company who is recommended by nearly 9 million satisfied customers.
