Having questions about life insurance is not unusual. Most people have questions. Finding or getting the right and appropriate answers can be more difficult. At Homeowners Insurance Group Scottsdale, AZ we are committed to providing our customers with the best possible customer service. You are our number one priority.<\/p>\n
The term is the length of time the policy will be in effect. It is a policy that has a death benefit if the holder dies within the term of the policy. When the term ends the coverage ends and nothing remains. Most term policies last between 10 and 30 years. <\/p>\n
Whole life insurance is a policy that covers you for your entire life, it doesn’t end until death. It accumulates dividends. Term insurance is strictly for protection during the term, at the end of the policy, there is no value. <\/p>\n
You need to notify the insurance company and set up a claim. They send you a package of paperwork you fill out telling them how you want to take the disbursement and send the paperwork back with a copy of the death certificate. If you have owned the policy for the required amount of time, usually 2 years, you should be paid within about 60 days.<\/p>\n
Technically no, there are some policies you can purchase without a physical. However, you will have limited options, and you will likely pay a lot more for the policy than you would for a similar one where you had a physical. <\/p>\n
Contact Homeowners Insurance Group in Scottsdale, AZ with your life insurance needs and questions. <\/p>\n","protected":false},"excerpt":{"rendered":"
Having questions about life insurance is not unusual. Most people have questions. Finding or getting the right and appropriate answers can be more difficult. At Homeowners Insurance Group Scottsdale, AZ we are committed to providing our customers with the best possible customer service. You are our number one priority. What does term mean in term life insurance? The […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[11,9],"class_list":["post-36","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-homeowners-insurance-group","tag-scottsdale-az"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.homeownersig.com\/blog\/wp-json\/wp\/v2\/posts\/36","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.homeownersig.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.homeownersig.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.homeownersig.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.homeownersig.com\/blog\/wp-json\/wp\/v2\/comments?post=36"}],"version-history":[{"count":1,"href":"https:\/\/www.homeownersig.com\/blog\/wp-json\/wp\/v2\/posts\/36\/revisions"}],"predecessor-version":[{"id":37,"href":"https:\/\/www.homeownersig.com\/blog\/wp-json\/wp\/v2\/posts\/36\/revisions\/37"}],"wp:attachment":[{"href":"https:\/\/www.homeownersig.com\/blog\/wp-json\/wp\/v2\/media?parent=36"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.homeownersig.com\/blog\/wp-json\/wp\/v2\/categories?post=36"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.homeownersig.com\/blog\/wp-json\/wp\/v2\/tags?post=36"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}