1This piece has been reproduced by Allianz Life Insurance Company of North America (Allianz) with the permission of Life Happens, a nonprofit organization dedicated to helping consumers make smart insurance decisions to safeguard their families’ financial futures. Life Happens receives annual financial support from more than 130 leading life insurance companies, including Allianz, all of which share Life Happens’ commitment to make sure consumers have the knowledge needed to make informed insurance-buying decisions. Life Happens does not endorse any insurance company, product or advisor. © Life Happens 2018. All rights reserved.
September is Life Insurance Awareness Month (LIAM).
Life Insurance Awareness Month (LIAM) reminds us to prepare for life’s unexpected events. As the official spokesperson, Danica Patrick talks about her journey to financial fitness.
Life Happens.1 Life Happens does not endorse any insurance company, product, or advisor. This material is intended for informational purposes only.
What is life insurance?
Life insurance is a contract between you and an insurance company. The main purpose of life insurance is to provide a financial benefit to your loved ones in the event of an early death. Typical reasons for buying life insurance include:
- Paying funeral expenses
- Providing mortgage assistance
- Supplementing educational expenses for children and spouse
- Replacing lost income
- Helping to protect the value of an estate after the insured passes on
What types of life insurance can help meet your needs?
Fixed index universal life insurance
FIUL is life insurance that provides death benefit protection with the potential to accumulate cash value.
Term life insurance
Term life insurance is affordable coverage for those looking for protection for a specific period of time.
Suggested topics for you:
Retirement Income Calculator
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Guarantees are backed by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America.
• Not FDIC insured • May lose value • No bank or credit union guarantee • Not a deposit • Not insured by any federal government agency or NCUA/NCUSIF
Products are issued by Allianz Life Insurance Company of North America, PO Box 59060, Minneapolis, MN 55459-0060.
Product and feature availability may vary by state and broker/dealer.