Life Insurance

Work with an Experienced Life Insurance Agent in Oceanside & Carlsbad, CA

Whether you need life insurance for your personal use or you’re an employer working on an employee benefit plan, Serra Benefits & Insurance Services is standing by to help. Our experienced team can provide affordable life insurance quotes to help you find the perfect policy to meet your needs and your budget. We take great pride in working with a variety of insurance providers to ensure you can find the perfect solution to meet your needs and ensure you have the coverage you need to take care of your family after you’re gone.

Find the Perfect Life Insurance Policy

Shopping for life insurance in Oceanside & Carlsbad, CA, can be a tedious task. When you work with our experienced life insurance agents, you can rest assured you’ll get the guidance you need to find an affordable policy with the payout amounts that work best for your family’s needs. Whether you simply want a policy to cover final expenses or you want to make sure your family has the financial means to survive if the worst happens, we can help you explore your options.

A Variety of Life Insurance Options

Whether you’re building an employee benefit plan or want a personal life insurance policy, we proudly offer a variety of options to best suit your needs. You can purchase a term, indexed universal, universal, final expense or living benefits policy. If you’re unsure what each type means or how they work, our team can explain the options and provide life insurance quotes in Oceanside & Carlsbad, CA, to help you make the most informed decision.

Contact our team today to explore your life insurance policy options. We’ll go over the pros and cons of each type to help you decide which one is right for you.

There are several types of life insurance products on the market today. Term, permanent, universal, and final expense to name a few. Each with a design and a purpose. The older we get, the more costly it gets and increases our chances of being denied due to health.

Call Serra Benefits & Insurance Services for a life insurance consult and quotes.

Types of Life Insurance

Term life
A term policy is straight insurance with no investment component. You’re buying life coverage that lasts for a set period of time provided you pay the monthly premium. For example, this temporary insurance may be purchased in 5, 10, 15, 20, 25, and 30 year terms.

Generally, if you outlive your term insurance, you need to re-apply.Because of this, 30 year term may look more attractive than a 10 year term policy because the rates are guaranteed for 30 years.Shorter term policies, although cheaper, will end sooner. When it’s time to re-apply, you will be older making the policy more expensive and there is no guarantee of your health at that time.

Indexed Universal Life Insurance
Indexed Universal Life is a form of permanent life insurance which combines pure insurance protection with cash value accumulation. Premiums paid in excess of the pure insurance cost accumulate at interest, tax deferred. These values can be accessed during your lifetime through withdrawals or loans. With Indexed Universal Life you have options regarding how interest is credited to your cash value. You can choose to have a fixed interest rate applied or have interest credited based on changes in the S&P 500® Index. This kind of interest crediting strategy allows you to take advantage of changes in the market index without the risk of stock market losses. Minimum interest guarantees built into your contract ensure that your cash value will not decline due to decreases in the index. It’s a concept we call “upside potential with downside protection.” For more than 10 years, properly structured and funded Indexed Universal Life has been the fastest growing vehicle for tax-free retirement planning.
Universal life
Universal life is a type of permanent insurance policy that combines term insurance with a money market-type investment that pays a market rate of return. To get a higher return, these policies generally don’t guarantee a certain rate.
Final Expense or Burial Insurance
At Serra Benefits we mostly use whole life insurance for final expense or burial insurance. These are generally small amounts of permanent life insurance up to 25K with simplified and easy underwriting or no underwiting.
Living Benefits
Life insurance that you don’t have to die to use. What is all of the hype that we are all hearing about “Living Benefits” in a life insurance policy? If you haven’t read, seen or heard anything about living benefits, then you will now. Living Benefits are additional benefits as part of a life insurance policy that pay a portion of the death benefit in advance if you have been diagnosed with a critical or chronic illness.

Contact us

If you have any questions on polices or have additional questions before get a free quote, please contact our offices today.

2821 Oceanside Blvd. Unit E
Oceanside, CA 92054

Phone: 760-439-9700
Email: jyoung@serrabenefits.com or angela@serrabenefits.com

CA License Number: 0C17508

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