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Life insurance companies may insure or guaranty your life insurance policy in one of two ways. First, a life insurance company may buy reinsurance to re-insure the losses they may pay out for their book of life insurance business in any given year. Also, licensed life insurance companies contribute to life insurance guaranty funds. A life insurance guaranty fund is a form of protection providing a fund that pays out money to policyholders if their life insurance company is licensed in the state, and unable to meet their financial obligations. Some life insurance guaranty funds pay out $100,000 -$500,000 per policy depending on the state, and the amount of life insurance you have. Many states pay out up to $300,000 per life insurance policy.
Life insurance protection comes in many forms, and not all policies are created equal. It depends on various factors. While the death benefit amounts may be the same, the costs, structure, durations, etc. vary tremendously across the types of policies.
Wiki User
∙ 9y ago
Wiki User
∙ 10y agoOne can find guaranteed life insurance at any insurance broker that offers this type of insurance. One insurance company comes to mind is RBC Insurance, they offer guaranteed life insurance.
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What are the saga's guaranteed life insurance?
Saga Guaranteed Life Insurance guarantees to pay out a fixed cash lump sum when one dies. Saga is a known company which has many customers from around the world.
Where can one find life insurance in the UK?
One can find life insurance in the United Kingdom by contacting life insurance companies and agencies. Some of the most famous life insurance companies are YBS and Aviva.
Where can one find information on Sainbury's life insurance?
A person can find information on Sainsbury's life insurance by looking at their website. Or one can call a representative of Sainbury's life insurance.
Where can one get a life insurance lead on a discount?
One can find a life insurance lead on a discount from the Life Leads Direct website. One can also find them on sites such as Discount Life Leads and Aged Life Insurance Leads.
Where can one find information on BMO life insurance?
One can find information on BMO life insurance on the official BMO life insurance company's website. In addition, one's peers might know more information on BMO life insurance.
Where can one find your own life insurance information?
There are many places where one would be able to find their own life insurance information. One would be able to locate their life insurance information by checking with their current life insurance provider.
Where might one find information regarding life insurance annuities?
One might find information regarding life insurance annuities online at various websites. One can find information about life insurance annuities at insurance company websites such as Nationwide and MetLife.
Where can one find Group Universal Life Insurance?
Group universal life insurance, which is a voluntary life insurance policy can be found through MetLife. Here one wil find all information regarding the insurance.
Where can one find information on the life insurance policy?
One can find information on a life insurance policy on the website of official Insurance agencies. This is possible by visiting said website, and looking at what kind of life insurance plan one is planning on purchasing.
Where can one find a Hartford Life Insurance office?
One can find a Hartford Life Insurance office by looking in a local phone directory. One can also call 1-860-547-5000 to find a Hartford Life Insurance office.
Where can one find an explanation of whole life insurance?
One can find an explanation of whole life insurance at virtually any life insurance company's website or at their company's location. Examples of whole life insurance companies are MetLife, Geico, and Farmers.
Where can one find information about the cost of life insurance?
One can find information about the cost of life insurance by contacting insurance companies who offer life insurance, such as AAA or Liberty Mutual. These companies can be contacted by phone, on their websites, and in person.
