Jefferson Pilot Financial Center
Hamilton Life is a subsidiary of Jefferson Pilot Financial, a company
that resulted from a merger in 1987 between Jefferson Standard and Pilot
Life. Alexander Hamilton
itself was formed in 1963 and acquired by Jefferson Pilot in 1995.
Currently, Jefferson Pilot and its affiliates employ over 23,000
people with annual life insurance revenues of over $1.5 billion and over
$26 billion in assets.
Best – A++
& Phelps – AAA
Standard & Poor’s - AAA
WHAT IS LIFE INSURANCE?Life insurance is an agreement by an insurance company to pay a specified sum when someone dies. The agreement is a contract between the insured person and the insurance company that provides the insurance. If the insured dies while the life insurance policy is in force, then the life insurance company pays the death benefit according to the beneficiary designations that the insured has provided.
When a life insurance plan is made, it is important to plan for more than simply replacing lost income. A good life insurance plan also covers funeral expenses, payment of outstanding dept, probate costs, childcare expenses, elderly care, and taxes. When children are involved it is also important to plan for their future college expenses as well as your spouse's retirement.
IS LIFE INSURANCE NECESSARY?
insurance is necessary for peace of mind. It provides the guarantees that
your family will be taken care of financially in your absence. Life
insurance lets those who depend upon you know that even if you are taken
prematurely by an un-foreseen death, you have taken care to provide
financial support for your dependents who count on you. Since term life
insurance premiums are so affordable it is now a simple matter to protect
your families most important asset.... You.
TERM LIFE INSURANCE VS. CASH-VALUE LIFE INSURANCE
Current competition among life insurance companies has dramatically lowered life insurance premiums. A term life insurance policy offering $250,000 worth of life insurance protection that cost $600 a year, just seven years ago, would have an annual term life insurance premium of about $275 today. When we say we can save you 25 - 60% on your term life insurance premiums it is not just marketing hype.