At Bluewave Insurance we pride ourselves on providing our clients with USAA Burial Insurance products. We believe in the quality and service USAA provides to its policyholders. If you would like to learn more about USAA’s final expense, give us a call at 800-208-4974. One of our experienced insurance agents would be happy to answer any questions.
USAA Company Background and History
USAA life insurance company was founded in 1963, this San Antonio, Texas-based company in part of the Fortune 500 companies list and has been providing thousands of policyholders outstanding insurance products for over 50 years. They have since turned into a global conglomerate and have expanded to offices in Germany and England.
Even though this company started with the goal of targeting Army folks, it has since invited everyone to benefit from their insurance plans. Here is a list of products that USAA currently offers to the public:
- Auto insurance
- Homeowner insurance
- Renters insurance
- Personal property insurance
This is just a shortlist of coverage that USAA provides, to learn more about their life insurance offerings, give us a call at 800-208-4974. Our trusted insurance agents would be glad to answer any of your questions and provide you a free consultation.
USAA Finances and Ratings
USAA has a strong financial background, they currently boast 30 billion in revenue, 155 billion in assets, and 30.6 billion in total equity. This financial strength is due to the years of business and income coming in from diverse services and products. They currently have an A++ (Superior) rating from A.M. Best which is the highest rating you can get. This demonstrates the stability of their finances and shows they pay their claims on time. They also have an Aaa (Exceptional) from Moody’s which is also the highest rate you can receive. This shows that they are a solid company to invest in. Lastly, they have an AA+ from Standard & Poor’s which is very strong, again emphasizing the financial strength and resilience of the USAA brand and how they perform for stakeholders and customers.
What Are The Benefits Of Burial Insurance Or Final Expense Coverage?
It’s important that you plan ahead in order to avoid unexpected funeral costs for your family members or loved ones. Having burial insurance or final expense insurance as some refer it to, is very important. Signing up for a burial insurance policy now in the long term can help avoid out-of-pocket costs and take the worry away from you and your loved ones.
Burial Insurance is a type of final expense that can fully or partially cover your funeral or cremation expenses. A funeral can cost upwards to about 5,000 and as high as 25,000. Depending on the plan you get and the amount of coverage you need, burial insurance can help pay for these costs plus with cash-value, can leave a little extra for your loved ones to use to pay for non-funeral related expenses.
When the policyholder dies, the appointed beneficiary will immediately get access to the death benefit payout and be able to use that money to pay for funeral expenses, and the excess cash-value can be used to pay for non-related burial costs like mortgage payments, medical bills, and more.
To learn more about burial insurance or to sign up for a final expense plan, give us a call at 800-208-4974. We would be more than happy to have one of our experienced insurance agents assist you in finding the right burial insurance plan for you.
Varying factors will result in lower rates such as: limited or no tobacco use, no deaths in the family due to cancer or heart disease, no alcohol or substance abuse, no high cholesterol, stable blood pressure, and a clean driving record over the past five years. To learn more about eligibility and to receive a free rate comparison, give us a call at 800-208-4974.
USAA’s life insurance plans are available to nonmilitary members and regular military members. This provides solid burial and life insurance coverage that can benefit your loved ones after your passing.
The Best Life Insurance Company: USAA Burial Life Insurance Policy
USAA provides three different types of burial insurance which we will elaborate more in this article which are: Whole Life, Term Life, and Universal Life insurance policies. Depending on your unique needs each plan provides flexibility. As mentioned before, funeral expenses like funeral homes have continued to increase over the years, going into the high thousands. That can be a lot for your loved ones to carry, so instead of leaving that expense, it is wise to sign up with USAA burial insurance plans.
Here are some of the reasons why people choose USAA as their burial insurance provider:
- Fast claims payout
- Easy online application
- Great customer service support
- No medical exam required
If you would like to learn more about USAA and there benefits, give us a call at 800-208-4974. We would be happy to help answer any questions you may have about final expense insurance and provide free life insurance quotes.
USAA Whole Life Policy or Permanent Life Insurance Policies
Whole Life Insurance is a type of permanent life insurance plan that USAA offers, with this plan it offers a lifetime of coverage to protect your family when policyholders are no longer able to. You would have to pay a monthly premium on their 20-year-best-in-class policy. The advantage of this premium is that you’ll be able to pay the same amount during the duration of your plan, it will never go up because of health conditions or age.
With the whole life insurance plan, it also allows for a flexible payment option, even though this is a more expensive insurance plan, it gives you more coverage over time. In addition, the cash-value you put into this plan grows due to interest, and this could have a bigger payout for beneficiaries.
If you would like to learn more about USAA’s whole life insurance plan, give us a call at 800-208-4974. One of our experienced health insurance agents at Bluewave Insurance will be able to help you step by step on signing onto a burial insurance plan or providing a free quote comparison with other providers.
USAA Term Life Insurance Plan
USAA Term Life insurance is exactly as it sounds, with this plan you have complete flexibility to have coverage for to as short as 10 – 15 years and to as long as 20-35 years. This plan is perfect if you want to have coverage during the time you have a child, maybe during a time of war and violence in your area. It all depends on your unique needs. However, having a term life insurance plan can truly give you peace of mind.
Even though a term life policy can be used during a certain period of time in your life, it can also be converted into permanent life insurance or whole life insurance if you decide to go down that route. Since this is a more personalized time-frame, this plan is more affordable compared to the whole like an insurance plan.
If you are part of the military and you enter into the term life insurance policy, the coverage increases during major life events and during severe injury. This increased coverage makes sure that you and your loved ones are taken care of when serving and provides an injury benefit.
Wondering if term life insurance may be for you? Each person’s needs are unique so give us a call at 800-208-4974 to learn more about different life insurance policies and how it may benefit you.
USAA Universal Life Insurance Policy
So, USAA Universal Life insurance plan is very similar to their whole life insurance plan, however, what differs is that policyholders have more flexibility on how much they want to pay for premiums over time in the next 20 years. With flexible premiums, folks can decide how to pay, and when and that cash value will grow tax-deferred. If for example, you can’t pay during a certain month because of an unexpected cost, you can skill a few payments without being affected. In addition, unlike other plans, you can access the cash value in case of an emergency.
If you think USAA universal life insurance may be for you, give us a call at 800-208-4974. Our team of insurance agents would be happy to assist in answering any questions you may have about USAA burial insurance or give free life insurance rates comparison.
Our Expert Recommendations
At Bluewave Insurance we highly recommend folks to sign up for USAA’s burial or life insurance plans. We believe they offer great Term, Life, and Universal policies that can help cover policyholders and their loved ones. The cash payout can be used for funeral expenses and other non-burial expenses that can provide for the appointed beneficiaries once the policyholder passes.
thumbIf you have any questions about burial insurance or USAA’s life insurance policies, give us a call at 800-208-4974. One of our experienced insurance agents can provide a free consultation and quote comparison.
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