Wawanesa Life Insurance Review
Wawanesa life insurance is a life insurance carrier based in San Diego, CA. The company was founded in 1896 and offers life insurance products in 2 states in the USA.
Wawanesa life insurance FAQ
What types of life insurance products does Wawanesa life insurance 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 Wawanesa life insurance 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.
Wawanesa life insurance offers term lengths ranging from 10 to 30 years.
- Whole Life Insurance - Whole life insurance policies remain in force for the policyholder's entire life, provided premiums are paid. They have a tax deferred cash value, meaning the cash value will not be taxed until funds are withdrawn.
Whole life insurance death benefit payments range from $10,000 to $1,000,000.
As well as the basic coverage types mentioned above, Wawanesa life insurance company also offers the following life insurance policies:
- Group Life Insurance - Wawanesa life insurance offers some of its life insurance policies as a group benefit to employees who meet certain eligibility requirements, such as having worked for a month in the company. Typically, these term life insurance policies can only be adjusted or purchased after a qualifying life event, such as marriage or the birth of a child, or during an open enrollment period.
How can you save money on a Wawanesa life insurance life insurance policy?
When you ask for a life insurance quote with Wawanesa life insurance, ask what discounts are available for various life insurance options.
What is the financial strength rating of Wawanesa life insurance?
The financial strength rating of life insurance companies scores its ability to pay contracts and life insurance policies.
SuperMoney gives Wawanesa life insurance
an A or excellent, which is SuperMoney's second highest available score for life insurance companies.
SuperMoney's financial strength rating is primarily based on the average score from insurance rating agencies.
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