Life insurance helps you protect your loved ones, whether it's by funding your children's education or planning for a comfortable future.
And Progressive has teamed up with Efinancial* to provide affordable protection backed by superior customer service. Quote and compare America's top rated providers online, anytime.
Types of life insurance
The most affordable life coverage
With term life insurance, you can customize a number of things, from your coverage to the length of your policy. For instance, if you'll still be making mortgage payments for 15 years, you want to make sure your life insurance policy adequately covers that period.
There are two kinds of term life insurance: traditional fully underwritten term, which requires a medical exam and usually takes effect in four to six weeks; and no medical exam term, which is based on your answers to health and lifestyle questions and takes effect in as little as 24 hours.
Lasts your entire lifetime
There are two major types of permanent life insurance: whole life and universal life.
Whole life includes a cash value component that builds with time; it's generally more expensive and less flexible than other permanent policy types.
Universal life is flexible in the premium payments and coverage amounts. Similar to whole life, it also provides both a death benefit and a savings component.
Specific end-of-life coverage
This simple, affordable life insurance is designed to cover expenses like medical bills, credit card debt and funeral and burial costs. This affordable coverage requires no medical exam, and takes effect in as little as 24 hours.
How much life insurance do you need?
The first thing to consider is how much your loved ones would need to maintain their standard of living. Then, think about things like:
- Your medical expenses and outstanding debt, and how much you owe on your mortgage
- Your children's age
- How much of the household income you provide
- Funeral and final expenses
Plan today so you can enjoy tomorrow. Call Efinancial at 1-866-844-9332 to get started.