What types of life insurance policies does CMFG offer?
CMFG Life Insurance offers a range of life insurance policies to meet varying needs and preferences. Their offerings include term life insurance, which provides coverage for a specific period of time, typically 10, 15, 20, or 30 years. They also offer whole life insurance, which provides lifelong coverage and includes a cash value component that grows over time. Additionally, CMFG offers universal life insurance, which provides flexible coverage and allows policyholders to adjust their premium payments and death benefit amount. For those seeking a simplified application process, CMFG offers guaranteed issue whole life insurance, which ensures acceptance without any health questions or medical exams. With these diverse options, CMFG Life Insurance aims to provide individuals with the policies that best suit their financial protection needs.
Answered Nov 1, 2023
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