Assurity Life Insurance Launches New Whole Life Insurance Product
Assurity Life Insurance Company has recently introduced its innovative Whole Life Insurance product, tailored to accommodate clients across various stages of their lives. This enhanced insurance offering comes with customizable features allowing policyholders to select coverage that aligns with their specific goals and needs.
Understanding Whole Life Insurance Features
The new Whole Life product from Assurity is designed with flexibility in mind, featuring
- - Two distinct plan designs: Whole Life Protect+ and Whole Life Perform+.
- - Accelerated underwriting up to $1 million, ensuring that customers can secure coverage rapidly through a streamlined application process.
- - Eligibility for dividends, adding an appealing dimension to the overall value of the insurance policy.
The Whole Life Protect+ option is primarily focused on maximizing the death benefit at an affordable price, while Whole Life Perform+ emphasizes cash value accumulation, providing clients with a dual advantage of premium protection and potential cash benefits.
All plans under this policy include a beneficial component—the
Accelerated Death Benefit Rider, which allows policyholders to access a portion of their death benefit in the event of chronic, terminal, or critical illnesses. This rider can be crucial during challenging health situations, thereby providing an added layer of financial support when most needed.
Designed for Everyone
Assurity’s new Whole Life Insurance caters to individuals as well as juvenile applicants, reflecting a commitment to comprehensive coverage options. The product’s application process has also been significantly simplified, making it more accessible for younger clients—this is particularly evident with the shortened application forms and reduced complexities involved in the approval process for children's insurance.
“We believe that permanent life insurance can address multiple needs,” states Todd Reimers, Chief Distribution Officer of Assurity. “We aimed to facilitate a viable way for customers to derive maximum benefit from their life insurance while ensuring reliable protection at all times.”
Payment Flexibility and Custom Options
Moreover, the flexible payment options span
limited-pay periods ranging from 10 years to payments until the age of 100. Clients may also customize their plans with
11 different optional riders, including a Level Term Rider and a Guaranteed Insurability Rider, further enhancing their insurance experience.
The policies begin with face amounts starting at
$10,000, making it an appealing option for a wide range of customers.
A Legacy of Trust
Assurity Life Insurance Company has been a trusted provider in the insurance landscape for over 130 years. With a dedication to offering peaceful security through accessible insurance solutions, the organization has built a legacy centered on caring for American families.
Acknowledging its role as a mutual organization and a Certified B Corporation, Assurity emphasizes prioritizing customer welfare over profits. This long-term view ensures that all clients experience priority service while securing coverage that truly matters.
By continually innovating and addressing the needs of its clients, Assurity Life Insurance is committed to `building a brighter tomorrow`, empowering people with the financial safety net enabled through their customizable Whole Life policies.