What is the minimum and maximum coverage amount offered by Garden State Life Insurance?
The minimum and maximum coverage amounts offered by Garden State Life Insurance vary depending on the type of policy chosen. For term life insurance, the minimum coverage amount available is typically $50,000, while the maximum amount can go up to $1 million or even more. Whole life insurance policies typically have a minimum coverage amount of around $25,000, with the maximum varying based on factors such as age, health, and financial situation. Universal life insurance, another product offered by Garden State Life Insurance, usually has a minimum coverage amount of $25,000 as well, but the maximum coverage can often be customized to meet the specific needs and goals of the policyholder. Please note that these coverage amounts are subject to underwriting and approval, and may vary based on individual circumstances.
Answered Nov 1, 2023
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