We all have responsibilities towards our loved ones. Securing their future in case of tragic events is a necessity. Life Insurance will help cover your family’s expenses: mortgage, education, loans, etc. It can provide your loved ones with a monthly income or a tax-free lump-sum payment but most of all peace of mind.
American Corporate Benefits, Inc. offers a wide range of plans from the leading Life Insurance carriers. Our deep concern for the well being of our customers will provide you with reliable services that will meet your family’s needs.
Compare term life insurance rates:
Term Life Insurance provides insurance protection for a specified period of time and pays benefits only if the insured dies during that period. It is often used by young families with a limited budget, for mortgage coverage or by companies to fund a buy-sell agreement.
Whole Life Insurance provides permanent protection, which means that it does not terminate at a specified date. The benefit is the face amount, which remains constant throughout the policy’s life. Premiums are leveled and the insured can decide to pay them for a limited period of time. The policy generates cash value, which allows for more flexible payments. Whole Life Insurance is specially designed for those who wish to secure the future of their children. It helps you protect your life-time savings from estate taxes. The life insurance benefit paid in lump-sum payment is tax free.
Universal Life Insurance provides permanent protection yet with flexibility. The amount of premiums, frequency of payments as well as face amount can be adjusted to meet insured’s needs. As with whole life insurance, universal life is also designed towards those with attention to long-term needs. Besides death benefits, universal life also offers living benefits: insured may borrow from the cash value of the policy.
To learn more about life insurance call our representative at 212-843-2344.