UPDATE: As of 2015, Stonebridge has changed their name to Transamerica Premier. While they have changed their name, they still offer the same excellent life insurance coverage and great customer service. Their name has changed, but they are still a popular option for life insurance. Everything in the article still applies to Transamerica.
Shopping for life insurance can be extremely difficult. There are several different kinds of plans that you’ll need to compare in order to ensure that you’re getting the best plan to meet your needs. Additionally, there are hundreds and hundreds of different companies on the market that you can choose from. Each company is going to have different ways of calculating insurance premiums.
Stonebridge Life Insurance has been a consistent and trusted supplier of term life insurance for more than 40 years. If you came here to learn more about Stonebridge Life Insurance Company this page is full of great information to help you feel great about doing business with this company, if you came looking for term life insurance quotes just fill out the form on the side of the page and you will get instant term life insurance rates.
Formed in 1968, Stonebridge has been a stellar company for its customers. It was acquired by AEGON as a part of their purchase of Transamerica in 1999. This has not affected their service and has improved their financial stability as a part of a larger multi-national corporation. They currently maintain major offices in Plano, TX, Cedar Rapids, IA, and their home office in Rutland, VT. As a part of AEGON they are essentially cousins with Transamerica life insurance, Monumental life insurance, and a host of other carriers in North America, Europe, and Asia. AEGON itself was formed in 1983 through the merger of AGO Holdings and Ennia. Each of those companies were formed through mergers in 1968 and 1969 respectively. If you go back to the complete history of all the companies that make up AEGON the oldest company was formed way back in the late 1800s. This history has provided them with a strong base of customers and given them great financial stability.
As with most insurance companies, Stonebridge Life insurance Company is rated by A.M. Best Company, a credit rating organization who specifically serves the insurance industry. A.M. Best gives Stonebridge Life Insurance an A+ rating for financial stability and service. A+ (superior) is the best rating that Best gives out of their ten categories. So even if you have not heard of this company you can rest assured that they are not going anywhere. As far as their service ratings go, they receive five out of five stars from our independent service rating agency. This means you can expect excellent service in the event a claim has to be made or if you have problems with your premiums.
When you’re looking to get life insurance coverage, it’s vital that you get the perfect life insurance plan to meet your family’s needs. Stonebridge offers several different kinds of insurance plans that you can buy. They sell a traditional term life insurance plan, a whole life insurance policy, a universal life insurance plan and a variable universal life insurance policy. All of these have unique benefits that you’ll need to consider in light of your insurance preferences.
The most popular option for life insurance is to buy a term insurance plan. These plans are bought with a certain length of effectiveness, and after that point, they are no longer active. If you still want life insurance, you’ll have to reapply for coverage with a different plan. Because these are not permanent forms of coverage, they are going to be much more affordable than other life insurance coverage. If you want to save money on life insurance coverage, a term plan is going to be the best way to do that.
Another popular option is to buy a whole life insurance policy. These plans are a permanent form of coverage, which means that as long as you pay the monthly premiums for the plan, you’ll have insurance coverage. These policies are an excellent option for anyone that doesn’t want to have to worry about losing life insurance in the future. Because these plans will never expire, you’re going to pay a lot more for a whole life plan than you will with a term life insurance plan.
They have other options like a universal and variable life insurance policies, which are unique subsets of a whole life insurance plan. They have several benefits that are more complex than the other plans. If you’re simply looking to get life insurance, a term or traditional whole life will be the best option.
In most cases, life insurance is surprisingly affordable. There are dozens of options for life insurance protection that you can get through different companies. While most applicants are surprised to see how cheap their monthly payments are, there are a couple of ways that you can trim down your rates even lower. Regardless of which company that you choose, Stonebridge or one of the other options, there are some ways that you can get better rates.
The first thing that you should do is kick your bad tobacco habits. If you’re listed as a smoker on your life insurance application, you can expect to pay much high monthly premiums. In fact, smokers are going to pay twice as much for their life insurance versus what a non-smoker is going to pay for the same sized plan. If you want to get the most affordable life insurance, you’ll need to cut out those cigarettes once and for all.
If you use chewing tobacco, or enjoy the occasional cigar, it’s important that you find a company that’s going to be more lenient on their usage standards. There are some companies that are going to give you smoker’s life insurance rates, while others will offer much more affordable coverage.
The next way that you can save money is to get better results from the health exam by improving your overall health. Before the insurance company accepts your application, they are going to require that you take a medical exam, which will give them an idea of your overall health and how much of a risk you are to accept for coverage. The higher risk, the more that you’re going to pay for life insurance.
If you want to get better results from the exam, you’ll need to start getting regular exercise and stick to a healthy diet. Both of these are going to help you lose weight, lower your cholesterol, lower your blood pressure, and lower your risk of being diagnosed with severe health complications like diabetes. If you want to save money, skip the junk food and go hit the gym. It could save you hundreds of dollars on your insurance coverage.
The best way to ensure that you’ve got the cheapest insurance plan is to work with an independent insurance agent. Unlike a traditional insurance broker, independent agents represent dozens and dozens of highly rated companies across the nation, which means that they can bring all of the best rates directly to you. Our agents have years of experience working with all kinds of different applicants across the nation and they know which companies are going to give you the best rates based on your circumstances.
We hope this write up gives you comfort that Stonebridge Life Insurance Company is a trusted carrier and that you can see why they made our list of best life insurance companies. If you ever have any questions or if there is any way that we here at TermLife360.com can be of serve please use the contact link at the top of this page. It is our pleasure to serve you however we can.
Because you never know what life’s going to throw at you tomorrow, you shouldn’t wait any longer to get the insurance protection that your family will need if something tragic were to happen to you. Your life insurance plan will give your family members the money that they need to get through the difficult time without having to worry about debts and other bills. Nobody wants to think about his or her own death, but it’s important that your family has the proper coverage. If you have any questions or you’re ready to get the process started, please contact us today.