Lumico life insurance company

Lumico life insurance company

Lumico Life insurance is an insurance company that provides detailed health and life insurance. It started working in December 1965 after acquiring its license in Arizona. Since then, the company is operating in 49 states of the U.S. With an experience of 50+ years, Lumico Life Insurance is a preferred choice for many American families.


Lumico Life Insurance holds a rating of A by A.M Best and A+ by the Better Business Bureau. The outstanding rating proves that Lumico is an excellent life insurance company that is financially stable and offers the best customer service.

Lumico life insurance provides both health and life insurance.   

Life Insurance:

The company offers three basic types of life insurance that you can pick as per your requirements.

Term Life InsuranceWhole Life InsuranceFinal Expense Life Insurance
With term life insurance, you can purchase the insurance for as many years as you want. The common term lengths provided by Lumico are 10-, 15-, 20-, and 30-years.

The premium rate is fixed throughout the term, and payments can be made monthly or annually. The premium payment is dependent on the coverage amount, and term length is chosen. Lumico offers coverage of $30,000 to $1 million for term life insurance.

Anyone within the age bracket of 18 to 70 can apply for term life insurance. The death benefit provided can be used to pay final expenses, pay the home mortgage, or cover the children’s tuition fee.

Term life insurance is an ideal pick for young families in times of uncertain death of the earning figures of the family. The death benefit can work as an income replacement.

If you are seeking insurance that covers your death benefit but also provides a living benefit, Lumico life Insurance offers $30,000 and $1million for the whole life insurance policy. In addition to providing death coverage, the policy also accumulates cash value that the insurer can access at any time.

With fixed monthly payments, the policy provides lifetime coverage. Anyone within the age bracket of 18 to 80 can purchase whole life insurance.

Anyone within the age bracket of 50 to 85 can purchase final expense life insurance from Lumico. The policy is designed to provide financial support to your loved ones in case of your death. Final Expense Life insurance provides coverage of $5,000 and $30,000. It is a type of whole life insurance, so the coverage is provided for a lifetime.

The death benefit can be used to pay for hospital bills, funeral expenses, or any other final expenses. The death benefit can also be left as a monetary legacy for children or grandchildren.

Lumico Life Insurance provides two kinds of Health insurance:

Medical Supplement Insurance Accidental Death Insurance
Lumico Life Insurance provides medical coverage to people with a medical issues. It is easy to apply and is renewed every year.Lumico Life Insurance provides a coverage of about $250,000 to cover the medical expenses of the insurer in case of his fatal injuries from an accident. The policy is easy to acquire and can be provided instantly.

Why choose Lumico Life Insurance?

The outstanding rating profile of Lumico Life Insurance is reflective of how well the company is doing in terms of financial stability. It provides a series of both health and life insurance. The application process is simple and straightforward.  The policies can be customized as per the needs and the requirements of the insurer. There are no hidden fees which make the whole budget highly transparent. Lumico Life Insurance provides an online insurance quote to help you make a clear decision free of cost.