And depending on the life insurance product, there will be different policy riders available. Life insurance policy riders are additional benefits that you can add onto your policy at the time of purchase. Pacific Life’s term policy offers an accelerated death benefit rider, premium waiver for disability rider, and a child rider.
Let’s break these down.
An accelerated death benefit rider is included in Pacific Life term policies at no charge. This rider gives you access to a portion of your policy’s death benefit if you are diagnosed with a terminal illness resulting in 12 months or less to live.
A premium waiver for disability rider is available on Pacific Life term policies for an additional cost. With this rider, Pacific Life will waive your premium payments during a period of total disability lasting six consecutive months or more.
A child rider is available on Pacific Life term policies for an additional cost. For as little as $55 per year, a child rider provides $10,000 in life insurance coverage on all of your children less than 18 years of age. It would also include any future children you may have or adopt.
If you’re looking for life insurance, Pacific Life is a good option. If you’re an active military member or do a lot of foreign travel, then Pacific Life is a great option.
When you apply through Quotacy, we will review your application to double-check that you’ve chosen to apply with a company that will give you the most favorable outcome. The choice is of course 100% your decision. We simply aim to be completely transparent and make sure you know all of your options.
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If you’re interested in any of the riders we mentioned, let your Quotacy agent know after you apply. They’ll let you know the exact cost of any rider you want to purchase and can add it to your policy during the buying process. Quotacy can help you get life insurance from Pacific Life or any other of the top-rated life insurance companies we work with.
And why should you get life insurance through Quotacy?
Our agents are licensed in all 50 states and they work on salary, not commission, so we’ll never try and upsell you. We work for you, not the insurance companies. You won’t pay any extra fees or charges to use our services.
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