TIAA-CREF Life Insurance

TIAA-CREF Life Insurance Review

TIAA life insurance Pros & Cons

TIAA-CREF is a life insurance carrier based in Charlotte, NC. The company was founded in 1918 and offers life insurance products in 32 states (and Washington, DC).

TIAA life insurance FAQ

What types of life insurance products does TIAA-CREF offer?

Life insurance companies typically offer a wide variety of life insurance options. One of the best ways to save money on life insurance products is to avoid unnecessary coverage. Only purchase life insurance policies and riders you actually need.

Here is a brief description of life insurance options TIAA-CREF offers.

• Term Life Insurance - This is the simplest type of life insurance policy. Term life insurance policies are payable if the insured person dies within a specific period of time, such as 5, 10, or 30 years. TIAA life insurance offers term lengths ranging from 10 to 30 years.
• Level Term Life Insurance - These are term life insurance policies that have the same fixed premium and payment amount through the duration of the life insurance policy.
• Universal Life Insurance - This type of universal life insurance 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 - These types of universal life insurance policies provides the most flexibility when it comes to investing the cash value of a universal life policy in separate accounts with "variable" values.

As well as the basic coverage types mentioned above, TIAA-CREF company also offers the following life insurance policies:

• Survivorship Life Insurance - These types of joint universal life insurance policies cover two individuals and pays a death benefit to a beneficiary after both have died.

What is SuperMoney's financial rating of TIAA-CREF?

The financial strength rating of life insurance companies scores its ability to pay contracts and life insurance policies. SuperMoney gives TIAA-CREF an A+, which is the highest available rating we give to life insurance companies.

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