Stonebridge Life Insurance has been providing for the insurance needs of the public for more than ten years now. In that short time it has managed to win the trust of a lot of people. They provide personalized services that make their clients feel that they really care beyond business. If you are thinking of getting some life insurance for you or your family, then you can not do much better than by signing up with Stonebridge Life Insurance. Now a lot of people might still be unfamiliar with the terms and how insurance works, so before you talk to the Stonebridge agent at your place we will answer some of the basic questions asked by people who are unfamiliar with insurance.
Question #1 – What is the difference between a term life insurance and full life or a whole life insurance?
Answer - Term life insurance has a coverage for a specific period or term. This could be anywhere from 5, 10, 15, 30 years. Full life insurance has a coverage for the entire life of the policy owner . It can also accumulate a monetary value over the years.
Question #2 – Which one is better?
Answer - Each has its own advantage. Term life is perfect for those with limited money since it is more affordable. On the other hand, you do not have to worry about anything when you have full life insurance. In the long run it is better to get term life insurance, because it will save you a lot of money and most of the monetary value that you can accumulate with full or whole life insurance is not worth the extra investment.
Question #3 – What is accidental death insurance?
Answer - This form of coverage is distinct from a simple life insurance. Under this kind of insurance a person who has this kind of coverage who dies because of an accident included in the coverage will receive compensation no questions asked. This kind of coverage is very useful since vehicular accidents are one of the leading causes of death every year.
Question #4 – What is Accidental Hospital Indemnity?
Answer - Your hospitalization should be covered by your health insurance, but there are some costs there that will not be covered. If you have Accidental Hospital Indemnity from Stonebridge then you get coverage for your hospitalization. Accidents happen and there’s nothing we can do about that except to be ready. The best way to be ready is by having some form of insurance that you can rely on when something bad happens. You need not be alone when you are in trouble.
These are just some of the usual questions about insurance that potential clients are thinking about before signing up for insurance. Hopefully we have been able to provide you with the right sort of information that can get you started before meeting with your broker. Stonebridge Insurance has a good track record when it comes to caring for their customers, but there are also some complaints about the service that it provides. You should read about these complaints, but when you do so please bear in mind that a company like Stonebridge has millions of clients and there are bound to be some problems. You need to take these complaints with a grain of salt.