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    Posted January 30, 2014 by
    valetine
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    Aflac Introduces New Whole & Term Life Insurance Policies

     
    http://www.westhillinsuranceconsulting.com/

    Aflac's Whole Life insurance plan provides coverage and builds cash value for the life of the policy. The Term Life insurance plan offers coverage at a fixed rate for a specific length of time of the policy, typically for a 10, 20, or 30-year plan.

    Aflac's Whole Life and Term Life insurance face amount options are offered for up to $500,000 for individuals under age 50 and up to $200,000 for individuals from 51-70 or 51-68 years of age for the whole and term plans, respectively. Guaranteed-issue is also available for the primary insured for a $20,000 or $25,000 of term life coverage.

    "No one likes to think he or she needs life insurance," said J. Keith Pellerin, vice president of Product Management and Innovation at Aflac. "But when people depend on you, assuring their financial futures with life insurance benefits is simply the right thing to do. It's essential to include a life insurance policy to your family's financial plans. It can help family members during their grieving by providing financial help."

    Family members often are left to cover both unpaid debts and new costs resulting from a death. In fact, the 2013 Aflac WorkForces Report found that 57 percent of U.S. workers don't have a financial plan to handle the unexpected, and 25 percent have less than $500 in savings for emergency expenses (46 percent have less than $1,000.)
    Possible financial implications due to an unexpected loss of a loved one include:

    -- Mortgage: The national average amount for a home loan ranged between
    $215,000 to $235,000 in 2012.2

    -- College Tuition: The average price for a four-year undergraduate tuition
    is $57,168 at a public institution and $151,072 at a private institution
    during the 2011-2012 academic year.3

    -- Final Expenses: Funeral costs can surpass $10,000.4
    Life insurance offers more than just financial support -- in fact, 66 percent of Americans believe that life insurance provides policyholders peace of mind.

    More info:
    http://www.youtube.com/user/westhillconsultingIn
    https://www.facebook.com/westhillconsultinginsurance

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