Posted on: Monday, May 14th, 2012

American Family Life Insurance is a household name and they have a lot to offer their customers.  But you still have to ask yourself if it’s right for you and your family’s particular situation.  It’s important to gain a financial foothold in the event of your death and American Family can be a great option to help secure your future.

American Family offers three types of life insurance policies including term life insurance, whole life insurance and universal life insurance.  Their term policies are very common and offer temporary protection to help with large bills such as a mortgage.  There are choices of 10, 20 or 30 year coverage to best suit your needs.  No cash value is offered on this product but premium costs are generally competitive.

Their whole life insurance product has a set premium which is guaranteed never to increase.  Lifetime protection is built overtime with cash value that can be used for expenses.  Universal life offers flexible premiums with flexible death benefits and can be issued from birth all the way until age 80.  American Family offers provides valuable discounts for carrying multiple insurance products with their company.

American Family is a reputable company and they encourage looking into life insurance now to save money.  Since life insurance premiums are partly based on age, it’s better to get quotes sooner than later.  Once you have determined what product works best for your current situation and how much coverage you actually need you can start shopping around as soon as possible.

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