Life - Life Insurance
Physicians Life - Life Insurance
in Omaha, Nebraska, Physicians Mutual was established in 1902
to serve the health insurance needs of physicians, surgeons,
and dentists... and was one of the first to pioneer selling
insurance by mail. Today, Physicians Mutual Insurance Company
-- and its wholly owned subsidiary, Physicians Life Insurance
Company -- provide a wide range of health and life insurance
protection, plus tax-deferred annuities to policyowners in
all walks of life ... all across the country.
Mutual conservatively manages its balance sheet and is firmly
committed to a strategy of maintaining its financial strength
and stability (assets exceed $1 billion).
Life was formed in 1970 as a wholly owned subsidiary of Physicians
Mutual Insurance Company. Today, Physicians Life provides
nearly $2.5 billion in life insurance protection for people
all across the country. Life Insurance products available
through Physicians Life Insurance Company include Juvenile
Life, Endowments, Whole Life, Modified Whole Life and Term
Companies take pride in the high ratings they consistently
receive for financial strength from A.M. Best Company and
Weiss Research ... as well as the high ratings they receive
for claims paying ability from Standard & Poor's.
Physicians Life Insurance Products: A General Overview
Life Insurance - Affords parents, grandparents or guardians
the opportunity to begin a valuable nest egg for children,
while providing permanent life insurance protection. Available
for children over 14 days old and under 13 years of age. At
age 21 coverage automatically doubles, and the child becomes
the owner of the policy.
- This is an insurance contract that guarantees you a benefit
amount equal to the face amount of the policy ... no matter
if the insured lives to the end of the policy's term, or dies
during the term.
Insurance - As the name implies, this is temporary insurance
protection purchased for a specific period of time ... such
as ten years. Term coverage offers you relatively low premiums
and is often regarded as pure insurance protection, because
all you're buying is insurance, pure and simple. There are
no tax-exempt earnings and no accumulation of cash values
with Term Insurance.
Life - This is considered lifelong or permanent insurance
protection. Whole life rates are generally higher than term
insurance, because part of your insurance premium is being
invested on your policy's behalf. In other words, in addition
to insurance protection, you also benefit from a build-up
of cash value, plus earnings that are currently tax-exempt
while the policy is in force.
Whole Life - This is whole life insurance that is modified
(adjusted) in one of two ways. Either changing the amount
of the premium, or changing the amount payable as a death
note that Physicians products are not available in all states
or outside of the United States. Please contact Physicians
for specific details.