Pacific Life - Life Insurance Review

Pacific Life - Life Insurance is an insurance carrier based in Omaha, NE. The company was founded in 1868 and offers life insurance in 50 states (and Washington, DC).

What types of life insurance coverage does Pacific Life - Life Insurance 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 at brief description of the coverage Pacific Life - Life Insurance 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 - Life Insurance 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 - Life Insurance 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.

What is the financial strength rating of Pacific Life - Life Insurance?

The financial strength rating of a life insurance company scores its ability to pay contracts and policies. SuperMoney gives Pacific Life - Life Insurance an A+, which is the highest available rating we give.

SuperMoney's financial strength rating is primarily based on the average score from insurance rating agencies.