Insurance Benefits Solutions Health Insurance
Call: (407) 831-5166
Fax: (407) 831-4263
     
Seniors
SENIORS & RETIREMENT
Family
FAMILIES & INDIVIDUALS
Business People
BUSINESSES
Permanent Life Insurance Health Insurance Info

Permanent Life Insurance

Permanent life insurance provides a death benefit for your entire life and gives you the ability to accumulate tax-deferred cash value within the contract for as long as the policy is enforce. Many variations of permanent life insurance are available in today’s market.

Some of the most common are:

GET A FREE QUOTE!
Or Call (407) 831-5166

Whole Life
Whole life insurance is the original form of permanent life insurance, providing a death benefit for your whole life based on a specified premium obligation. Whole life provides for contract guarantees in premiums, cash value accumulation and death benefit, with little flexibility. Whole life contracts may or may not include dividend payments.

Universal Life
Universal life provides for flexibility within the contract. You have the ability to customize death benefit, length of coverage, premium obligation and cash value accumulation. Many variations of universal life exist in the current market:

  • Current Assumption Universal Life: Assumes current interest rates to illustrate cash value accumulation within the contract. The premium and death benefit remain flexible.

  • No-lapse Guarantee/Secondary Guarantee: Guarantees the death benefit for your lifetime, or a specified period, as long as the minimum premium is paid.

  • Indexed Universal Life: This is similar to current assumption except the cash accumulation within the contract is based upon the performance of a stock index, such as the S&P 500, or multiple indices. Premiums and death benefit remain flexible.

  • Variable Universal Life: This is similar to current assumption except the cash value accumulation in the contract is based upon the investment options you choose. The investment prospectus should be consulted for more information on the investment options and risks associated with purchasing this kind of life insurance.

  Permanent Insurance
  Whole Life Universal Life
Concept   Guaranteed death benefit, cash
value and premium; no flexibility
Flexible death benefit
with potential cash value
accumulation options
Premiums  Level and inflexible Flexible
Death Benefit  Level or increasing Level, increasing or decreasing
Cash Value  Guaranteed at a fixed rate Available at current rate
assumptions based on index tracking or on separate account investments; flexible

 

Red Arrow Individual Health Insurance
divider
Red Arrow Family Health Insurance
divider
Red Arrow Group Health Insurance
divider
Red Arrow Business Health Insurance
divider
Red Arrow Senior Health Insurance
divider
Red Arrow Health Insurance Quote
divider
Resource Center

Red Arrow Life Insurance
divider
Red Arrow Health Maintenance Organization (HMO)
divider
Red Arrow Preferred Provider Organization (PPO)
divider
Red Arrow Point of Service Plan (POS)
divider
Red Arrow Frequently Asked Questions
divider
Red Arrow Health Care Reform
divider
Red Arrow Small Business Tax Credit FAQS
divider
Red Arrow Health Care Reform Bill Timeline
divider
Top Carriers

Aetna

Blue Cross & Blue Shield

United Healthcare

AvMed Health Plans

CIGNA

Humana One

spacer spacer spacer