A woman whose life insurance was misplaced and forgotten in the US is waiting to claim it. Vernetta Sonderegger died in 2019, but in 1955 she bought a whole life insurance policy from a Salt Lake City-based broker. In 1955, Sontag Life Insurance, the Utah State Insurance Company, a subsidiary of the U.S. Department of Health and Human Services, bought it from an agent based in Salt Lake City, Utah, as her obituary on her death certificate shows.
Vernetta Sonderegger bought a whole life insurance policy from a broker based in Salt Lake City in September 1955.
Another point you should discuss with your insurance agent is whether or not your life insurance policy will act as a payout during retirement. Cash value life insurance is a type of insurance where the premium is higher at the outset than it would be for the same term insurance. As you do not pay death benefit, this type of life insurance can have a cash value. It can be combined with term insurance to replace your income with a life policy as it replaces income.
Life insurance can be used to replace lost household income, pay funeral expenses, pay mortgages, or even fund your children's college education. Life insurance provides stability when it really matters, and helps to provide for the people who depend on you financially when you are away. You will be happy when you know that your loved ones will be able to live their dreams no matter what the future holds. It helps to fund a child's education and it helps to fund their education and to care for people on whom you are financially dependent when you go down.
You can compare hundreds of life insurance policies to get a free, no-obligation quote in just 60 seconds. We offer free online research to quote you on the terms of your life insurance policy, so you can find the best price for you and your family, as well as the most comprehensive information about your insurance options.
Once you decide which type of life insurance is best for you, you can compare similar policies from different companies to find the one that will probably offer you the best value for your money. Once you have decided which options are best for your situation, talk to a licensed life insurance provider and discuss your reasons for wanting life insurance. They explain the differences between plans so that you can decide which plan is right for you, and so we can choose the type and type of insurance that is best for you.
Ask them how much their premiums will be if you renew your policy, as you lose the right to a new policy at any age. Remember that rates change over the years, so as long as your life insurance already bears your name, you are likely to get the same or more cover.
There are different types of life insurance that provide different benefits, so it is important to carefully consider different insurance options and ensure that you have the right solution to meet your long-term insurance needs. Talk to your agent about what is best for your situation and help you find the best policy that suits your specific needs. LifeLine Solutions has a team of agents in Salt Lake City and other parts of the state who are ready and able to help you find a good policy that meets your specific needs, as well as a variety of other options available to you.
Valley Insurance provides life insurance in Salt Lake City, Utah and surrounding areas, as well as other parts of the state. We have a home service office in Flowood, Mississippi, and we also have offices in San Diego, California, Las Vegas, Nevada, New York, Florida and Texas.
There are four main types of life insurance and there are essentially two main types. Term insurance covers your entire life, which covers you for the duration of your life. The policy is valid for a period from the date of purchase or purchase to the date of death or the end of that period. You can also take out term life insurance at any time, whether you take out it in the first, second or third year.
When it expires, your insurance will no longer cover you and you will have to cancel it because it has expired without losing any value. A grace period ensures that the life insurance policy does not terminate your policy for a period of at least three years from the date of purchase.
If you still want life insurance, you may need to convert your policy into some kind of permanent life insurance policy. Buy a new policy and you will find different types of life insurance in Salt Lake City. Your insurance specialist at Valley Insurance will review your current life insurance situation and help you design a policy that plans for your future. An ISU CBQ & Co. agent can guide you through the process of finding new policies in your region and other parts of Utah and help you select the policies that best suit your individual needs and goals.