Category: Blog
Are you a police officer?
To protect yourself and your family if something were to happen to you, getting life insurance is essential.
In my experience, too many officers depend solely on the life insurance offered by their police department.
While there is nothing wrong with the product itself, it doesn’t provide enough life insurance to your family if your dead.
And if you think that life insurance is not available to you due to the risks of being a police officer, I’m here to tell you that not only is life insurance available to you, most companies do not penalize you for protecting the public.
This life insurance guide gives you everything you need to make a great choice for you and your family.
No, life insurance is not more expensive for police officers.
The vast majority of officers receive the same life insurance rates as everyone else.
Now, there may be some situations where life insurers may charge more, but underwriters really do try to give you the best rates available based on your health.
So even if you are part of the S.W.A.T. unit, participate in undercover operations, diffuse bombs, etc. we have life insurance companies available for you.
For most police officers, term life insurance is the best option as it provides the coverage you need at the lowest possible rate.
The only time we look at universal life insurance or whole life insurance for police officers is when the officer considers taking the maximum pension benefit.
A pension maximization plan gives you a larger monthly pension, but your spouse gets nothing when you die.
A universal life insurance policy provides your spouse with a death benefit to compensate for the loss of the pension.
Your police department probably gives you a group life insurance policy as part of your benefits package.
The problem is that the amount of coverage provided in collective bargaining agreements is discouraging.
Some examples we discovered:
It’s not a knock on any of the above cities. Instead, it’s to point out that the benefits package offered by work is not enough!
Take a look at our life insurance needs analysis to see how much coverage you need.
You have three choices:
While the only choice is #1 or #2, we’ve all seen too many GoFundMe campaigns for families whose breadwinner chose #3.
The most important thing to do is get enough life insurance, whether it’s supplemental through work or an individual policy.
Individual Life Insurance Policies
Supplemental Life Insurance Policies:
When considering supplemental coverage, ask your HR department to provide you with the chart showing future costs as well as portability options should you leave your position.
Life insurance for police officers and their families is more affordable than ever.
The best advice we can give you is to get a No-Pressure, No-Obligation life insurance quote today.
We’ll give you the information you need to make an informed decision about your life insurance. Should you change your mind at any time, simply tell us to close your file.
We take our responsibility seriously and will do whatever we can to make sure you end up with the best life insurance company based on your unique life insurance needs and situation.
Kind words from happy customers who have a lot to say about our service!