Permanent Life Insurance
Coverage remains in effect until the policy holder's death as long as the premium payments are made, unless the policy lapses or is surrendered. Most permanent life insurance policies also have some type of savings component that can build cash value over the life of the policy.
Term Life Insurance
Offers an individual life insurance protection for a specified number of years (i.e. term). This type of insurance is usually less expensive than permanent insurance with the same face value, however term insurance does not accumulate cash value. Contact an AYG Insurance Broker to learn more.
When do I need health insurance?
If you are not covered as a dependent under someone else's health plan, such as a spouse/partner or parent, it's a good idea to have health insurance. A health insurance plan can help you manage your health care needs, as well as costs.
Product selections from more than 30 carriers provide limitless plans and product options.
What types of health insurance are best for me?
If you're in good health and don't visit a doctor often, health insurance plans with higher deductibles typically have lower insurance premiums and could help save you money.
If you require or expect more than just preventive care, consider plans that have lower deductibles and coinsurance, for more predictable costs.
Types of Coverage
Life Insurance
Universal Life Insurance
Whole Life Insurance
In its simplest form, life insurance is a promise between an insurance company and you, the policy owner. If you pay a certain amount of money (premium) to the insurance company, the insurance company will pay a certain amount of money (death benefit) to the person (beneficiary) you tell us to when the person whose life is being insured dies.
Whole Life Insurance
Universal Life Insurance
Whole Life Insurance
Whole Life Insurance offers a guaranteed death benefit, cash value and a potential additional cash value by the receipt of any dividends declared by the company. Although not guaranteed, dividend payments are generally declared annually by the company.
Universal Life Insurance
Universal Life Insurance
Variable Universal Life Insurance
Universal Life Insurance offers a flexible death benefit, flexible premium, and the policy cash values are credited a current interest rate that is set by the insurance company, which is subject to change, but will never be lower than a guaranteed minimum interest rate.
Variable Universal Life Insurance
Variable Universal Life Insurance
Variable Universal Life Insurance
This policy design is for the customer who needs life insurance but would like to have the ability to choose how their cash value is invested.
Increasing the death benefit may be subject to additional underwriting approval.
Term Insurance
Variable Universal Life Insurance
Long-Term Care Insurance
Term Insurance offers a guaranteed death benefit for a fixed period, fixed premium with no cash value. Coverage is for a certain period of time (term), usually for a specified number of years or to a specific age of the insured. Initial premiums tend to be lower but will eventually increase.
Long-Term Care Insurance
Variable Universal Life Insurance
Long-Term Care Insurance
Long-term care insurance can provide some security, but it is not an investment. Long-term care insurance money will be gone if you don’t use it, unlike life insurance which is guaranteed to pay.
Disability Insurance
Disability Insurance
Disability Insurance
Disability Insurance, often called DI or disability income insurance, or income protection, is a form of insurance that insures the beneficiary’s earned income against the risk that a disability creates a barrier for a worker to complete the core functions of their work.
Coverage Audit
Disability Insurance
Disability Insurance
Confused on what coverage you need, let our experts audit your current policies and make unbiassed recommendations.
Next Step...
It’s imperative that every customer has a seamless experience across all touch points. so call your AYG Insurance Broker to learn more about your available health insurance options.