Do you need Life Insurance?

Before anything else, this should be your first question. If someone depends on you financially, you do. Also, if you have debt or are self-employed, being covered will allow peace of mind for those close to you. Life Insurance puts you and your family at ease when tackling life’s big milestones or hurdles. It’s your life’s safeguard.

Before anything else, this should be your first question. If someone depends on you financially, you do. Also, if you have debt or are self-employed, being covered will allow peace of mind for those close to you. Life Insurance puts you and your family at ease when tackling life’s big milestones or hurdles. It’s your life’s safeguard.

What is Life Insurance?

Life insurance ensures payment upon the death of the insured, in exchange for a premium. It’s affordable financial protection for your family.

Why do you need life insurance?

Replace lost income

You will not leave your dependents financially helpless if they rely on your income, with adequate life insurance coverage.

Funeral expenses

Burial costs are expensive. With life insurance, in the case of your passing, your beneficiaries do not have to personally cover this financial burden.

Pay off debt

Debt does not disappear, whether you are alive or not. In most cases, your debt (mortgages or other loans) may fall on your spouse or other family members who are co-signers as they become responsible for repayment or worse, deal with collectors. Life insurance can alleviate just that.

Business coverage

As a business owner and partner, life insurance ensures one partner is not left with heavy financial burdens if the other dies.

College planning

Insurance proceeds can be a good supplement for your kids’ savings towards college.

Inheritance taxes

To avoid having your family getting hit with a big estate and inheritance tax bill when you pass away, make sure to be covered with life insurance to cover these added costs.

What types of Life Insurance are there?

01Term life insurance

Death benefit with level premiums for the term duration. Term life insurance may be renewed, converted to another type of coverage, or terminated.

02Whole life insurance

Permanent death benefit coverage with guaranteed cash value growth plus dividends. Whole life insurance accumulates dividends, lasting the whole of the policyholder’s life.

03Universal life insurance

Lower flexible premiums for permanent life insurance coverage. Universal life insurance policies accumulate cash value based on given interest rates.

04Variable universal life insurance

Permanent death benefit coverage with equity-based cash value growth comprised of different investment funds such as stocks and bonds.

05Simplified issue life insurance

Swift life insurance application and approval without a medical exam. This is a quicker process than traditional life insurance that may cost a little more and coverage may be a little lower than traditional policies.

06Guaranteed issue life insurance

100% approval coverage without any health questions or exams. Acceptance is guaranteed following a mandatory waiting period.

How does Sproutt provide life insurance?

At Sproutt, we provide coverage according to your lifestyle, preferences, and needs. We are able to analyze and map a large variety of insurance companies and products based on our proprietary technology and human perspective. The outcome is an optimal approach in pairing you with the specific insurance coverage you need.

How do you start?

process step 1Application
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process step 2Review
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process step 3Active

With Sproutt, you begin by filling out a questionnaire online about yourself and your lifestyle. This gets your application started and then reviewed by our insurance carriers or underwriters and eventually activates your policy.

How can we help?

At Sproutt, we’d be happy to answer your questions and help you through the process.In addition, our goal is to help you maintain a better, healthier lifestyle. Check out our tools and tips to feel better and maintain a balanced life.

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