Home > Life Insurance > Individual Life Insurance
Life insurance from HedgeGuard Senior Benefits Group, LLC can help you secure your family's financial future by providing the funds they need to: cover burial expenses, uninsured medical bills, pay off your mortgage and other outstanding debts, and maintain a comfortable standard of living.
There are a variety of life insurance policies that we can provide. The kind of policy you choose depends on your needs:
Term Life Insurance
Term life insurance is a low-cost way of providing maximum coverage for your family. Protection is provided for a limited number of years. The insurance expires without value if the insured lives beyond the policy period, usually 5 to 30 years.
Term insurance premiums will not increase during the guaranteed policy time period (term) you select. Term life insurance pays a death benefit only if you die during that term. Term insurance generally provides the largest insurance protection for your premium dollar.
Term life Insurance remains in force for as long as premiums are current, provided there are no misrepresentations on the application. The insurance coverage terminates if you discontinue your premium payments.
Universal Life Insurance
Universal life insurance is characterized by great flexibility. Policyholders can determine the amount and frequency of premium payments (i.e. the more you pay, the less time you will need to pay). Your premiums cover the insurance part, as well as the savings or investment element and the expense part. The stated interest on the investment portion changes along with movement in interest rates; moves in 1/4 % interest steps are typical as banks and other financial institutions make similar moves.
Whole Life Insurance
Whole life insurance provides permanent protection for the whole of life, from the date of policy issue to the date of the insured's death, provided that premiums are paid. Premiums are set at the time of policy issue and remain level for the policy's life. Unlike term insurance, whole life combines insurance protection and savings or cash value which builds over time. Cash value build-up may provide a source for living benefits, for example, helping pay off a mortgage, or a child's education, or cash surrender value if the policy is ever canceled.
These products are continually changing, and we can provide you with the latest information and policies available!
You can qualify, even if you have health conditions.
Georgia residents between the ages of 50-85 will be accepted into this program.
Posted: June 7, 2023
Preparing for the future usually involves saving for your children's education or for retirement. You may not have considered life insurance due to misconceptions regarding cost or other issues. Instead of letting false information influence buying this essential life-planning tool, take a moment to get the facts. Life Insurance and You – What Are the Facts? Life insurance is put in place to provide financial...
Posted: June 6, 2023
Under Medicare Part B, medically necessary durable medical equipment (DME) is covered. Some of the items Medicare covers include walkers, canes, nebulizers and nebulizer medication, suction pumps, blood sugar meters, and more. Medicare covers DME in a few different ways, and depending on the equipment you need, you might have to rent it, buy it, or be given the choice to rent or buy the...
Posted: June 1, 2023
June is Pride Month, and every year, many of us use this opportunity to participate in festivals, parades, and other celebrations that commemorate LGBTQ+ culture and activism throughout the years. The first Pride Month began in June 1969 when Stonewall Inn, a gay club in Greenwich Village, was raided by police. Although the resulting riots had many leaders, Marsha P. Johnson, a black, trans, bisexual...