LIFE INSURANCE

Benefit Mutual Insurance (BMI) provides Individual Life, Group Life, Long-Term Care, Mortgage Protection Insurance, Disability Insurance, Second-To-Die Policy, Key Person Insurance etc.

  • Life Insurance (LI) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money in exchange for a premium, upon the death of an insured person. If you need more information, please contact Benefit Mutual Insurance today!
  • Group Life (GLI) is a type of life insurance in which a single contract covers an entire group of people. Typically, the policy owner is an employer or an entity such as a labor organization, and the policy covers the employees or members of the group. If you need more information, please contact Benefit Mutual Insurance today!
  • Long-Term Care (LTC) is a range of services and support for your personal care needs. Most long-term care isn't medical care. Instead, most long-term care is help with basic personal tasks of everyday life, sometimes called activities of daily living. If you need more information, please contact Benefit Mutual Insurance today!
  • Mortgage Protection Insurance (MPI) is a life insurance policy that pays off your mortgage if you die prematurely. It isn't the same as private mortgage insurance (PMI), which is designed to protect the lender if you default on your payments. If you need more information, please contact Benefit Mutual Insurance today!
  • Second-To-Die Insurance (STDI) is a type of life insurance on two people (usually married) that provides benefits to the beneficiaries only after the last surviving person on the policy dies. This differs from regular life insurance in that the surviving partner doesn't receive any benefits after the spouse dies. If you need more information, please contact Benefit Mutual Insurance today!
  • Key Person Insurance (KPI) is simply life insurance on the key person in a business that is usually the owner, the founders or perhaps a key employee or two. These are the people who are crucial to a business--the ones whose absence would sink the company. If you need more information, please contact Benefit Mutual Insurance today!