Found Life Policies
Found Life compares quotes from more than 35 of the nation’s top carriers to find the best policy at the best price for your unique needs and goals. Here are the types of policies we can offer you:
Found Life Policies
Found Life compares quotes from more than 35 of the nation’s top carriers to find the best policy at the best price for your unique needs and goals. Here are the types of policies we can offer you:
Term Life Insurance
Term life insurance is a simple, fast form of substantial coverage where you choose how long your policy lasts. Coverage can last for 1 to 40 years, depending on your age when you apply. And your beneficiaries receive a cash payout if you pass away before the policy term ends.
- Premiums are lower.
- Coverage ranges from $50,000 to millions.
- You can add living benefits like critical illness and long-term care coverage to your policy for less than buying them separately*.
- Requires no medical exam, but simple medical and full medical options are available depending on your needs.
- Policy does not build cash value over time.
*These additional benefits or “riders” are subject to eligibility requirements, additional premium, and availability in certain states.
Is Term Life Insurance right for you?
Found Life term life insurance may be your best choice if:
- You need the most affordable coverage
- You need fast protection for a limited time
- You may need to replace the income
- You want to pay off loans, credit card debt, mortgage or business expenses
- You prefer a simple, straightforward policy
- Rates never increase.
- Premiums are typically higher.
- Coverage lasts for the rest of your life.
- Beneficiaries receive a lump-sum cash payout upon your passing, regardless of when it happens.
- Whole life policies build cash value over time.
- Some policies include options for guaranteed issuance without medical exams, regardless of health conditions
Whole Life Insurance
Whole life is a form of permanent insurance coverage with no term limit. Policies are smaller and designed to help your family cover end-of-life expenses like funeral costs and outstanding debts.
Is Whole Life Insurance right for you?
Whole life may be your best choice if:
- You need protection for the rest of your life
- You want to invest in the policy for long-term benefits
- You prefer a policy that builds cash value
Universal Life Insurance
Universal life insurance is a flexible form of permanent coverage with adjustable premiums and death benefits as your needs change over time. Acceptance usually requires underwriting and a medical exam.
You can use universal life insurance to augment or replace your retirement savings plan. If coverage is structured as an Indexed Universal Life (IUL) policy, you can collect tax-free retirement income that outperforms and outlasts a typical savings or investment account.
IULs also offer an interest-bearing cash value component that can grow tax-deferred. You can then access a portion of your cash value as loans for any financial need, like buying a car or house, paying off high-interest loans, and more. And when you pay back the loan, you’re paying yourself back. Keep in mind that any withdrawals, or loans against your policy that are not paid back, will reduce the death benefit paid to your beneficiaries.
- Coverage can last for the rest of your life if premiums are paid
- Beneficiaries receive a death benefit, which can be adjusted over the lifetime of the policy
- Builds cash value that earns interest, often at a rate set by the insurer
- Flexibility to adjust premiums and death benefits to suit your financial needs
- Can be structured to supply tax-free loans or withdrawals from the cash value
- Can give you access to the death benefit while you’re alive through a critical illness rider or long-term care rider added to the basic policy*
- Premiums are paid yearly, are higher than term life insurance, and go up yearly as you age
*These additional benefits or “riders” are subject to eligibility requirements, additional premium, and availability in certain states.
Annuities
An annuity is a long-term insurance product that offers stable income over your lifetime or a specific time. Earnings grow tax-deferred until you withdraw funds. And the regular payments you receive can help cover gaps between other forms of retirement income like Social Security or pension payments.
Our expert agents can help you structure an annuity to best serve your specific situation and goals.
How Found Life Works
First, Found Life compares online quotes from 35+ of the nation’s best-rated carriers to find your best price in under five minutes.
Then, after you select your best quote, our expert agents will submit your application for fast approval.
If you prefer personalized help, our expert agents will help you customize your policy to suit your family’s unique needs. Together, we’ll find the policies that suit your goals, including living benefits like critical illness, long-term care coverage and future retirement strategy.
Or call (800) 404-9038 to speak with an agent now
