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?
What types of Life Insurance are there?
- Term Life Insurance
- Whole life insurance
- Universal life insurance
- Variable universal life insurance
- Simplified issue life insurance
- Guaranteed issue 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.
Permanent death benefit coverage with guaranteed cash value growth plus dividends. Whole life insurance accumulates dividends, lasting the whole of the policyholder’s life.
Lower flexible premiums for permanent life insurance coverage. Universal life insurance policies accumulate cash value based on given interest rates.
Permanent death benefit coverage with equity-based cash value growth comprised of different investment funds such as stocks and bonds.
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.
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?
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.
The definition of decreasing term life insurance is a life insurance policy that lasts for a certain amount of time, has a level premium and a decreasing death benefit.
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You get life insurance to protect the people you love against the unpredictable. With this type of coverage in place, if the unthinkable happens and you pass away too early, your family isn’t left trying to pay the mortgage or fund your kids’ educati