American Memorial Life Insurance is a subsidiary of Assurante Solutions, who is serving customers since 1959 by providing specialized risk management and specialty insurance products. The company was founded by George W. Assurs, Frank J. Fisichelli and David E. Nunn. Assursant Solutions is now part of Assure Financial Group, a major player in the insurance industry that closed down its commercial business in October of last year and exited the insurance sector because of its massive credit card debt.
American Memorial life insurance is known for providing life coverage in addition to a wide variety of other life insurance products such as term life insurance and health and accident insurance. The company offers many different products, all aimed at helping people to ensure that they get their money’s worth on their insurance policy by providing a safe, dependable and affordable premium to consumers. The company does not sell life insurance policies, instead they sell other products such as financial products, health care products, and even investment products. They do have a website where you can go to find out more information about their product offerings and services.
The financial products provided by the company can be purchased from their website or through agents and brokers who work directly with the company. You can also go online to their website to learn more about the products offered and the various options available. There are three major types of financial products that you can purchase from American Memorial. These include: fixed annuities, variable annuities and universal life.
Fixed annuities allow you to accumulate money with the intent of receiving the same amount of money over the course of your life. You can invest the money earned with a predetermined return rate and receive your cash payments automatically once your death has occurred. In exchange, the annuity pays out at regular intervals and allows you to live a comfortable retirement without having to worry about how you will support your loved ones in your absence.
Variable annuities are also known as annuity contracts. In this type of annuity, the amount you pay monthly is based on the market value of the money that is invested and will increase over time. As you invest more money, the money is returned and you will also receive the returns that you would earn if you had invested the money when you were alive. In this type of insurance, you must determine how much money to invest, how long it will take for your money to grow, and what age to withdraw the money from the policy. You must make certain calculations in order to make sure that you will be able to continue receiving the monthly payments when you no longer are living.
Universal life insurance, on the other hand, is a form of insurance that pays the premium to one or more insurance companies to provide coverage for a specified period of time. The payments are not based on an ongoing premium and you can continue to receive payments as long as the company is in business. Because you never have to be concerned with what will happen to your funds while you are no longer alive, this type of insurance is especially beneficial to people who do not have immediate access to funds in order to provide for the needs of those who will need assistance.
Universal life insurance provides both immediate and deferred annuity payments to people who are not in a position to make their own investments. These types of policies are not very common, but they are extremely beneficial to those who are looking to provide for the future of loved ones, either for their children, spouse, or heirs. because the cash value is paid out in lump sum amounts upon death, thus giving you a much-needed peace of mind in knowing that your loved ones will be provided for.
You can get a good idea of what a policy like American Memorial life insurance could provide to you by researching it online. There are plenty of websites that provide detailed information about the different types of policies that are available and the different ways they can be used. Once you begin to investigate, you can begin to decide which of these options will work best for you. This type of policy is not only a valuable tool for those who have recently lost their life, but it is also a valuable asset for those who have the money to invest and plan ahead.