Empire General Life Assurance Corporation
P.O. Box 2606
Birmingham, Alabama 35202-2606
Empire General Life began business in 1981 and was acquired in 1993 by Protective Life Insurance Company to market and distribute insurance products through insurance brokers. Empire General is now a wholly owned subsidiary of Protective Life Insurance Company. There are currently 150 appointed Brokerage General agents located throughout the United States. In 1999 Protective Life, of which Empire is a subsidiary, recorded $129.8 in total consolidated life insurance in force as well as nearly $13 million dollars in assets.
A.M. Best – A+ (Superior)
Duff & Phelps – AA (Very High)
Standard & Poor’s – AA (Excellent)
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.
IS LIFE INSURANCE NECESSARY?
Life 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.