R&R Insurance Group offers a large range of life insurance policies which include: term life insurance, whole life insurance, guaranteed universal life insurance, keyman life insurance, disability insurance and long term care. Life insurance pricing is generally based on the insured’s age, gender, health and the type of policy wanted.
Term Life Insurance
Our term life insurance policies are typically for 10 to 30 years with conversion options to whole life or guaranteed universal life insurance. Term life is an insurance type for a specified time period at a set level rate that earns no cash value but pays full death benefits. Term life insurance is the least expensive type of life insurance.
Whole Life Insurance
Whole life insurance policies offer a full death benefit through end of life while earning cash-value. With this type of insurance, your premiums are fixed for life. If you purchase whole life insurance at a young age, your premiums will be lower.
Guaranteed universal life insurance
Guaranteed universal life insurance has a fixed rate with guaranteed death benefits typically through age 120 but earns no cash value. Universal life insurance offers more flexibility than whole life insurance policies. This type of policy is an affordable insurance product that guarantees protection for life
keyman life insurance
Keyman life insurance policies provide whole life insurance, guaranteed universal life insurance or term life insurance for a partner in a business. This policy sets up a perpetuation plan that in the event of a key employee's death, it allows the organization to protect that employer from the financial impact that could result should that employee die.
Disability insurance covers a percentage of lost wages typically up to 60% for an individual’s earnings in the event of an accident for a specified period of time. Ultimately, it is insuring your income and we offer both short and long term disability policies.
long term care insurance
Long-term care insurance policies provide a pool of funds that will provide for nursing at-home or nursing facility care should the need arise. Long-term care insurance covers care generally not covered by health insurance, Medicare, or Medicaid. Long-term care insurance generally covers home care, assisted living, adult daycare, respite care, hospice care, nursing home and Alzheimer's facilities. If home care coverage is purchased, long-term care insurance can pay for home care, often from the first day it is needed. It will pay for a visiting or live-in caregiver, companion, housekeeper, therapist or private duty nurse up to 7 days a week, 24 hours a day (up to the policy benefit maximum).