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Home > Health Insurance > Life Insurance > Southland Life
Southland Life
Southland Life Insurance Company was founded in 1908 in Dallas, Texas and is now headquartered in Atlanta, Georgia. The firm is licensed to do business in 49 states and the District of Columbia and is a member of IMSA, an organization that promotes honesty and ethical conduct in the insurance business. The firm has over 302 million in total revenue, more than 30 billion of life insurance in force, and over 2.5 billion in assets under management.
Their insurance is an agreement by an insurance company to pay a specified sum when someone dies. The agreement is a contract between the insured person and the insurance company that provides the insurance. If the insured dies while the life insurance policy is in force, then the life insurance company pays the death benefit according to the beneficiary designations that the insured has provided.
When a life insurance plan is made, it is important to plan for more than simply replacing lost income. A good life insurance plan also covers funeral expenses, payment of outstanding dept, probate costs, childcare expenses, elderly care, and taxes. When children are involved it is also important to plan for their future college expenses as well as your spouse's retirement.
Life insurance is necessary for peace of mind. It provides the guarantees that your family will be taken care of financially in your absence. Life insurance lets those who depend upon you know that even if you are taken prematurely by an un-foreseen death, you have taken care to provide financial support for your dependents who count on you. Since term life insurance premiums are so affordable it is now a simple matter to protect your families’ most important asset that is you.
Current competition among life insurance companies has dramatically lowered life insurance premiums. A term life insurance policy offering 250,000 dollars worth of life insurance protection that cost 600 dollar a year, just seven years ago, would have an annual term life insurance premium of about 275 dollar today. When they say they can save you 25 to 60 percent on your term life insurance premiums it is not just marketing hype.
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Health Insurance is here at CoverMeHealthInsurance.com
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