Term Life Insurance - Quotes - Rates  Bethlehem, Pennsylvania

Offering the Largest Selection of Top-Rated Companies Instantly!  Why is this important?
Personalized Tele-Application for All Companies, Right Over the Phone!
 ^{For the serious shopper who would like a seasoned professional to assist them-}
"how term life insurance works", "return of premium term life",
"term life no exam" and "what is term life " will be explained on this page.

Bethlehem has a median age of 35.7

Child raising years create responsibilities on families and term life insurance policies offered to Bethlehem, Pennsylvania residents can guarantee that those responsibilities are met.

Life insurance quotes in Bethlehem, Pennsylvania offers solutions for family and business needs.  Bethlehem, Pennsylvania residence can save from 50 to 70 percent on term life insurance from most top rated companies. These companies must file their product offerings and be approved by the Pennsylvania Insurance Department prior to any sales. Life Insurance must have proper reserves maintained by the life insurance company, and these reserves are in constant review. The company also pays a premium tax to the state of Pennsylvania which supports the department and guarantees claims payment to the insured.

How Your Policies Are Protected
To protect the insured, a guaranty association, which is a statutory entity created by the state, is established by state legislation. The guaranty association is composed of all insurers licensed to sell life insurance, accident and health insurance, and individual annuities in the state. In the event that a member insurer is found to be insolvent and is placed under a final order of liquidation, rehabilitation or conservation by a court of competent jurisdiction, the guaranty association will provide protection up to statutory limits (set out in the State Act) to insured beings who are state residents and who are holders of life and health insurance policies and individual annuities with the insolvent insurer.

When a member insurer is found to be insolvent and is ordered liquidated, a court appointed receiver takes over the insurer under court supervision and processes the assets and liabilities through liquidation. Typically, the guaranty association works with other effected guaranty associations in other states and the court appointed receiver in servicing the insurance company's policies and providing coverage to resident policyholders. The protection provided by the guaranty association is based on limits set forth in the law and the language of the insolvent company's policies at the time of insolvency.

Pennsylvania Department of Insurance
Pennsylvania Insurance Department
1326 Strawberry Square
Harrisburg, PA 17120

Please remember that this information is general in purpose and should not be used or relied upon as legal advice.


Term Life Insurance Quotes For Bethlehem, Pennsylvania

   Learn What Each Rating Means       Life Insurance Needs Analysis