Life Insurance: The Benefits for Your Family
Unlike many similar plans, life insurance from GIO eliminates the hassle and the cost of a medical exam to get approved for coverage — the coverage that extends all the way to 99 years of age, another dissimilarity between GIO’s coverage and that of others.
GIO’s Life Protect insurance plan offers you more than the large lump sum payment up to $1 million. You also receive the option for a funeral plan rider and 10 percent back every three years: Who else pays you to protect your family after your death?
The lump sum payment mentioned above isn’t payable only as a death benefit, although that’s a sad condition unto itself. You may qualify for the same $1 million pay-out if you are diagnosed with a terminal illness.
The money can tremendously ease your family’s peace of mind, for medical care is quite expensive even if covered by your medical insurance.
Many plans also allow another optional rider: You get a dual-pronged premium payment option as well. You can request pausing your premium for three months during the life of your policy if you cannot pay them yourself, or if you are unable to work, you can have GIO pay up to 12 months of your personal insurance up to a maximum limit of $2,000.
Ask yourself first if GIO has the right life insurance for you. Then after comparing with other plans, you might ask yourself what other plan can truly compare?
Category: Life Insurance
