Where does Pacific Life do business?
Pacific Life is an insurance carrier based in Omaha, NE. The company was founded in 1868 and offers life insurance in 50 states (and Washington, DC). Life insurance is important for anyone who has loved who depend on them financially. It can also help with final expenses and burial costs.
What types of life insurance coverage does Pacific Life offer?
Insurance carries typically offer a wide variety of policies. One of the best ways to save money on life insurance is to avoid unnecessary coverage. Only purchase policies and riders you actually need.
Here is a brief description of the coverage Pacific Life offers.
- Term Life Insurance - This is the simplest type of life insurance. It is payable if the insured person dies within a specific period of time, such as 5, 10, or 30 years. Pacific Life offers term lengths ranging from 10 to 30 years.
- Level Term Insurance - These are term policies that have the same fixed premium and payment amount throughout the life of the policy.
- Whole Life Insurance - Whole life insurance policies remain in force for the entire life of the policyholder provided premiums are paid.
- Universal Life Insurance - This type of policy guarantees a fixed death benefit and an investment account. The cash value of the investment account will vary depending on the portfolio's performance.
- Variable Universal Life Insurance - Provides the most flexibility when it comes to investing the cash value of a universal life policy in separate accounts with "variable" values.
- Indexed Universal Life Insurance - This type of universal life insurance allows policyholders to place the cash value of the policy in a fixed account or an equity index account, such as the S&P 500 or the Nasdaq 100.
As well as the basic coverage types mentioned above, Pacific Life also offers the following policies:
- Survivorship Life Insurance - This type of policy covers two individuals and pays a death benefit to a beneficiary after both have died.
How can you save money on a Pacific Life life insurance policy?
When you ask for a quote with Pacific Life, ask what policy discounts are available.
What is the financial strength rating of Pacific Life?The financial strength rating of a life insurance company scores its ability to pay contracts and policies.
Each agency has its own standards and rating scale and a company's rating can change any day. It's a good idea to check the financial rating of an insurance company before you purchase a policy.
There are five main rating agencies. SuperMoney's financial strength rating is based, among other factors, on the average score from available ratings.
Pacific Life scores an A+, SuperMoney's highest available rating.
1299 Farnam Street
Omaha, NE 68102 USA
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- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia