Life


Protect your family members even after you’re gone.

If you have loved ones who depend on you financially, you don’t want to burden them with hefty funeral costs. Life insurance can provide money for final expenses, help to replace your lost income, pay your mortgage, cover debts or pay for your children’s college education.

Sunshine Insurance can help you get great coverage at a price you can afford.

More reasons for choosing life insurance?

Topping the list of reasons to buy life insurance is the financial protection it offers. As you take on more responsibilities and your family grows, your need for life insurance increases. The proceeds from a life insurance policy can also be left to your favorite charity or to cover estate expenses.

Decide what type of life insurance you’ll need.

There are two basic types of life insurance:

  • Term insurance is basic, inexpensive and gives you all the coverage you need for a stated period. Term insurance, is as the name implies. It provides life insurance coverage for a specified period of time that can be five years, 10 years, 20 years or even up to 30 years. If you die after the term expires, there’s no death benefit claim.
  • Permanent (whole) life insurance is designed to last as long as you do, as long as you pay the premium and the policy remains in force. Should anything happen to you, resulting in death, the policy pays a lump sum to your beneficiary. This may sound simple enough and a valuable benefit, but the majority of people opt for term insurance because of its affordability.

Decide how much coverage you’ll need

The amount of life insurance protection you should buy depends on how much income your survivors will need, how much you own and owe, and the amount of other life insurance available to you. If you’re married, both you and your spouse should consider buying life insurance.

How much will it cost?

Sunshine Insurance is an insurance broker; we serve as the customer’s advocate. We work to obtain multiple quotes from some of the top insurance agencies. We know that it pays you to shop around and are skilled at getting the best rates available. How much you pay for life insurance will depend on a number of risk factors, including your age, your health, whether you use tobacco, your family health history, and the type and amount of life insurance you’re buying.

Keep in mind that the premium you’re quoted initially may increase later. For instance, when you buy term life insurance, rates are guaranteed only until the end of the term (annually for annual renewable term or at the end of a specified number of years for level term). While most life insurance policies can be renewed at the end of the term, you'll pay a higher premium for coverage.

Security

Any policy that you buy is only as good as the company that issues it. Sunshine Insurance evaluates the financial condition and claims-paying ability of each insurer we represent.

Application

Once you’re ready to purchase a life insurance policy, we will work with you to fill out a life insurance application that contains questions about your current and past health history and lifestyle. You may be required to take a medical exam, arranged and paid for by the insurance company. The answers you give on your application, along with the results from the medical exam and your past health history, will help the insurance company determine whether to offer you a policy, and if so, at what price.

Understand your policy

Please read your policy, provisions, the amount of benefits, the premium, and other terms will be noted along with other important information such as the beneficiaries you've named and the premium guarantee period. Make sure you understand everything in the policy. We are always available to answer any questions you may have.