February is “Insure Your Love” Month
Reminds consumers the importance of protecting loved ones financial future with life insurance.
It’s February, the month of love, and a good time to “Insure Your Love.” Life insurance can provide peace of mind, knowing you’ve taken steps to protect your loved ones’ financial well-being.
Whole life insurance is one option that provides long-term financial protection. American Family Life Insurance Company has recently introduced DreamSecure, several new whole life insurance products, designed to meet specific needs of a variety of customers, from children to seniors:
DreamSecure Whole Life - Three policy options of 15-Year-Pay, Pay to 65 and Whole Life 100. With a 15-Year-Pay Whole Life policy, for example, you will not pay any more premiums after this time period and premiums never increase. The Whole Life 100 policy has guaranteed premiums until age 100. All policies can be customized with additional coverages and the policy owner can designate how death benefits are distributed.
DreamSecure Children’s Whole Life - $25,000, $50,000 or $75,000 coverage with 10- and 20-year payment options. Benefits of purchasing a life insurance policy for a child or grandchild include locking in low premiums and ensuring future insurability as the child can purchase additional insurance in the future regardless of his/her health changes.
DreamSecure Senior Whole Life – Available for ages 50-80, there are two affordable coverage levels at $10,000 and $15,000 and no medical exam is required. Provides life-long protection with premium payments that remain the same regardless of changes in health or age; policy also builds cash value. An option for those wishing to ease the burden of final expenses, for example.Other benefits of whole life insurance include accumulating cash value, and premiums that do not increase, regardless of changes in health or age. So as life changes, there is no increased financial burden on the policy holder.
During February, remember to protect and insure your love. Visit www.amfam.com/life to learn more, then contact your American Family Insurance agent to discuss all your coverage options, and how to make life insurance part of a complete financial plan to protect your family.
Insure Your Love is an annual campaign created by Life Happens, a nonprofit organization dedicated to helping Americans take personal financial responsibility through the ownership of life insurance and related products.
About American Family Insurance
Madison, Wisconsin-based American Family Insurance group is the nation's 13th-largest property/casualty insurance group and ranks No. 315 on the Fortune 500 list. The company sells American Family-brand products, including auto, homeowners, life, business and farm/ranch insurance, primarily through its exclusive agents in 19 states. American Family affiliates (The General and Homesite) also provide options for consumers who want to manage their insurance matters directly over the internet or by phone. Web www.amfam.com; Facebook www.facebook.com/amfam; Twitter www.twitter.com/amfam.