Life Insurance in York, PA by Peiffer Insurance
Life insurance is one of the most essential insurance types because it provides financial protection and security for your beloved ones if you are not around. Life insurance is a guarantee that your dependents will not be left in need after you pass away. If you have never had life insurance before, you may have a lot of questions. Peiffer Insurance in York, PA has prepared a list of things you should know about life insurance:
- Life Insurance in Pennsylvania is regulated under Title 40 of the state statutes. They describe how insurance companies should operate and spell out certain rights that policyholders have.
- There is a ten-day free look period that every new policyholder has. Within ten days, a policyholder can review the insurance and cancel it with a full refund if they are not satisfied. There are also some types of policies that provide free look periods that last longer than ten days.
- If a policyholder missed a payment, a grace period starts. In Pennsylvania, the grace period lasts 30 days, during which the insurance remains active, and a policyholder can make a payment without the policy lapsing.
- Life insurance can be divided into two types - term life insurance and permanent life insurance. Term insurance is a type of life insurance valid only for a certain period (usually, no longer than 30 years). Permanent life insurance provides lifelong coverage and usually is more expensive than term insurance.
Suppose you are a resident of York, PA, or anywhere in Pennsylvania. You are looking for life insurance to protect your beloved ones and make sure that they are financially secure if something happens to you. In that case, Peiffer Insurance is ready to assist you. Our knowledgeable and experienced life insurance agents will answer all your questions and help you find a life insurance plan based on your needs.
Why Peiffer Insurance for Life Insurance?
When you are shopping for a life insurance quote, you will find that our coverage options, dedication to customer service, and commitment to value are unparalleled. You do not have to search high and low in York, PA for the life insurance policy you need. Instead, you can trust the knowledgeable and professional team at Peiffer Insurance in York, PA to find you the perfect life insurance policy for your needs at a quality price.