The Contact Person (PIA)  click here

Individual
The individual chooses the type and amount of coverage needed along with the help of a professional insurance agent. After completing the application it is sent to a company for approval. If accepted for coverage, the premium will be based on the age, health, sex, and dollar amount of benefit to be paid to a named beneficiary if the insured dies while the coverage is in effect.

A level term policy offers a premium for a pre-determined period of time and for a fixed period of time. At the end of that period the policy may be renewed at a new premium rate and for a new period of time. There is no cash build up or cash surrender value.

A permanent policy usually has a higher premium than a term policy, however, the premium rarely increases over the life time of the insured. At some period of time there is a cash surrender value or cash build-up in the policy that may be used to pay the policy up at a specified period of time.

Group
Group life insurance is usually purchased on a group of people working for the same business. It is purchased by the company for the employees and is tax deductible up to $50,000 of death benefit. The company or the individual employee at the same or similar premium rate may purchase additional coverage but it is not deductible from personal or company taxes.

Business
Business insurance is usually paid for by the business but is not a tax deduction to the business. It usually covers key employees that are providing some significant economic value to the company as an investor, as an owner, a signer on a loan or it may be used to fund a "buy / sell" agreement.