Offering Term-Universal or Whole Life Insurance
to Area Clients

We Have Various Policy Sizes, from $10,000 to More Extensive Coverage

Find term-universal or whole life insurance in the Somerset, PA, area with Independent Insurance Associates Inc. Get the protection you need for your family. You can rest easy knowing that their well-being is in the hands of caring professionals. You can choose term-universal life insurance or whole life insurance policies, with the option to add your children, as well.

We have a variety of policy sizes available, from $10,000 to much more extensive coverage. You can get full family life insurance on one policy or on individual policies. Annual renewable term life insurance is also available. All these policies are extremely flexible. Call (814) 443-4438 for more information or to schedule an appointment.

How Term-Universal Life Insurance and Whole Life Insurance Policies Differ

Life insurance gives a financial benefit to loved ones when the policyholder dies. It pays a monetary “death benefit” to the person named as the beneficiary. Independent Insurance Associates Inc offers both:

Term-Universal Life Insurance

Whole Life Insurance

01.

Team-Universal Life Insurance

Generally, term-universal life insurance premiums cost less than whole life insurance. Unlike whole life insurance, term-universal policies only last for a set time. Most of the time, people choose from 10-, 15-, 20-, or 30-year term-universal life insurance policies.

02.

Whole (AKA Permanent) Life Insurance

Whole (aka permanent) life insurance coverage remains active through the policyholder’s life for as long as you pay the premiums. This type of life insurance pays out regardless of when the policyholder dies. It has no term limit. Usually, whole life insurance premiums are higher than term premiums because of the duration. To qualify for permanent life insurance, policyholders often need to meet certain criteria. This could include determining whether the policyholder is a smoker or non-smoker.