Phoenix Life Insurance Reviews 2022

Phoenix Life Insurance Reviews

In this article you will get to know about the phoenix life insurance reviews of all its life insurance policies and packages.

Phoenix Life insurance company specialises in life insurance and retirement annuities. Independent agents, financial advisers, and Saybrus Partners supply their insurance and retirement solutions. Although Phoenix Life is not as well-known as some other insurance firms, it offers consumers exceptional product options and customer care.

About Phoenix Life Insurance Company

Phoenix was founded in 1851 as the America Temperance Life Insurance Company. A collection of civic, religious, and commercial leaders created the corporation. One noteworthy aspect about Phoenix is that their first aim was to ensure people did not drink alcohol.

The company joined with Phoenix in 1861 and was the first to be recognized by the New York Insurance Department to do business in the state. Phoenix was renamed Nassau Rein 2018.

Life Insurance Policies from Phoenix Insurance Company

Phoenix offers a wide range of insurance solutions to customers. They provide some of the greatest no medical exam solutions and an excellent end cost product to customers. They are also one of the market’s top final expense firms.

Term Life Insurance in Phoenix

Term life insurance is short-term insurance that protects the insured for a set period (term). Term insurance is frequently the least expensive type of insurance coverage available. Phoenix Life has an excellent term product. The Phoenix Life, Safe Harbor Term, is a one-of-a-kind product.

Safe Harbor Term Life Insurance

You may pick a death benefit of 10, 15, 20, or 30 years with Phoenix Life’s Safe Harbor Term Life. Safe Harbor Term consists of two distinct goods. This product is available from Phoenix as:

  1. Phoenix Term of Safe Harbor
  2. Phoenix Safe Harbor Term Express

Living benefit riders are included in both Phoenix Safe Harbor Term plans. These provide you with more flexibility and coverage for a wide range of unforeseen occurrences that may occur. These riders are offered at no additional cost and provide coverage for:

  • Critical Illness
  • Chronic Illness
  • Incurable Illness
  • Unemployment

Safe Harbor Term Life Insurance Policy Specifications:

  • Ages 18-80 are catered to.
  • There is no exam necessary.
  • Term lengths are 10, 15, 20, and 30 years. Age will determine availability.
  • Amounts of coverage range from $50,000 to $500,000. Age will determine availability.

Safe Harbor Term Life Express is a company that provides term life insurance. Policy Specifications:

  • Ages 18-80 are catered to.
  • No medical examination is necessary.
  • Term Lengths: 10, 15, 20, and 30 year periods are available. Age will determine availability.

Amounts of coverage range from $25,000 to $400,000. Age will determine availability

Final Expense Insurance in Phoenix

Final expense insurance is permanent insurance that provides coverage for the insured for the rest of their lives. Although final expenditure policies are frequently the least priced permanent Policy, the coverage levels are generally modest. They provide an excellent end cost product. It is known as Phoenix Life Remembrance Life

Phoenix Life Remembrance

Like their term policy, their final expense policy provides supplementary coverage with three riders at no extra cost.

Phoenix Remembrance Life is a final expense insurance policy with a straightforward and quick application process with living benefits. It covers funeral fees and allows you financial flexibility in severe sickness or unexpected death.

Details about the Phoenix Remembrance Life:

  • For those aged 30 to 59, coverage amounts range from $10,000 to $100,000.
  • Amounts of coverage range from $10,000 to $75,000 for people aged 60 to 69.
  • Amounts of coverage range from $10,000 to $50,000 for people aged 70 to 80.
  • No medical examination is necessary.
  • The issue has been simplified Policy that lasts a lifetime
  • The critical sickness rider is incorporated.
  • The terminal disease rider is included.

Rider for unintentional death is included. It would help if you were under the age of 65, and the programme ends at 75.

What Is the Best Part about Living in Phoenix?

Even after rebranding to Nassau Re, Phoenix Life continues to provide competitive insurance prices. When we provide quotes, Phoenix is typically one of the top alternatives for customers.

We prefer them for reasons other than their low costs. They also give one of the best and most handy applications on the market.

Their phone application is accessible. For the majority of candidates, it should take roughly 15 minutes. We’ve also only heard good things about their customer service.

What’s the Worst About Phoenix Life?

We haven’t discovered anything negative with Phoenix Life Insurance Company. However, there are a few things to keep in mind.

First and foremost, Phoenix is only one of several insurers accessible to you. Your health, age, interests, and coverage objectives will determine the most delicate business for you.

Second, if you buy a policy from them, you will have restricted alternatives. Phoenix used to sell a broader range of insurance plans, but they’ve reduced the number of products they offer. Phoenix’s two plans are currently the only options for shoppers.

Still need help?

Get your quote online or call one of our agents at +1 (800) 340-7011