Western & Southern Life Insurance

Western & Southern Financial Group was founded in 1888 and its headquarters are in Cincinnati, Ohio, United States. It is often referred to as Western & Southern and has total assets of $47,000,000,000.  It has many member companies which include Lafayette Life Insurance Company, Fort Washington Investment Advisors, IFS Financial Services, Eagle Realty Group & Integrity Life Insurance Company and Columbus Life Insurance Company.  It is a Fortune 500 Company and was ranked 441 in 2009 with profits of 109 million and revenues of nearly 5.4 billion.  It is able to offer life insurance as well as mutual funds and investment management. It also hosts the Western & Southern Financial Group Women's Open as well as the Western & Southern Financial Group Cincinnati Masters tennis tournament.  In 2006 they were the sponsorship of the Women's Open tennis tournaments which attracted more than 18 million television viewers in 189 countries.  It was also attended by 208,000 people and generated more than $25 million for the regional economy.  

Western & Southern Financial Group can offer many types of Life Insurance.  Permanent Life Insurance cover is usually paid for by monthly premiums.  The policy only matures upon the death of the insured person.  Although the person insured will never benefit themselves, it gives them the peace of mind knowing that upon their death the funeral expenses can be paid for.  This type of policy is paid throughout their life but in some cases after 30 years it may be classed as a fully paid up policy when no more premiums will have to be paid.  However, the policy does not mature until the person insured dies.  The beneficiary will then have to forward a death certificate and an Insurance claim form to the Insurance Company. The beneficiary will then receive a lump sum of money together with any bonuses that it has accumulated over the years.  Another type of Life Insurance cover is Whole Life insurance and Universal Life insurance.  This type of Life Insurance policies work differently and may only be for a few years to protect a mortgage or cover estate taxes.  Other Life Insurance options work by accumulating cash value that could help towards retirement as well as covering for death.  However, there is no guarantee as to what the death benefit will be as the premiums are invested into various companies. Western & Southern Financial Group can help people make a decision as to which policy is the most suitable. They are able to give people good financial advice and are a reliable and trustworthy Insurance Company. Before any quote can be given an application form must be filled in where questions are asked concerning your health, occupation, age and family history.  Depending upon the answers given the Insurance Company will be able to work out the amount you will have to pay in premiums.  The younger and fitter a person is the less the premiums will be.