Wawanesa Life Insurance Review

Wawanesa Life Insurance is an insurance carrier based in San Diego, CA. The company was founded in 1896 and offers life insurance in 2 states in the USA.

What types of life insurance coverage does Wawanesa 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 Wawanesa 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. Wawanesa Life Insurance offers term lengths ranging from 10 to 30 years.
• Whole Life Insurance - Whole life insurance policies remain in force for the entire life of the policyholder provided premiums are paid. Whole life benefit payments range from $10,000 to $1,000,000.

As well as the basic coverage types mentioned above, Wawanesa Life Insurance also offers the following policies:

• Group Life Insurance - Wawanesa Life Insurance offers some of its policies as a group benefit to employees who meet certain eligibility requirements, such as having worked for a month in the company. Typically, these 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 quote with Wawanesa Life Insurance, ask what policy discounts are available.

These include:

• Being a non-smoker

What is the financial strength rating of Wawanesa Life Insurance?

The financial strength rating of a life insurance company scores its ability to pay contracts and policies. SuperMoney gives Wawanesa Life Insurance an A or excellent, which is SuperMoney's second highest available score.

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