The Allstate Life Insurance Group (“Company”) consists of Allstate Life Insurance Company (“ALIC”), Allstate Life Insurance Company of New York (“ALNY”), Lincoln Benefit Life Company (“LBL”), Surety Life Insurance Company (“Surety”), Charter National Life Insurance Company (“CNLIC”), Intramerica Life Insurance Company …

What is a surety life insurance?

Whole Life insurance acts as a permanent life insurance and helps your family prepare for the unexpected. Whole Life insurance policies from Surety Insurance Company offers level premiums and life insurance protection for as long as you live, provided that premiums are paid on time.

Is surety A insurance?

It is not insurance. A firm called a “surety company” guarantees that a business corporation called a “principal” will carry out an obligation to a third party, called an “obligee.” Two examples of such obligations include: A contractor constructing a site according to the contract specifications for the owner.

What is instant answer term insurance?

Instant Answer Term Insurance provides $50,000 of death benefit protection until age 50 or a maximum 10 years, whichever is longer. This coverage is designed to provide a base level of life insurance protection at an affordable price.

What are the benefits of Surety Life Insurance?

Surety offers a variety of affordable term life insurance products to fit your needs, time frame, and budget. Provide additional insurance protection during the child-raising years Provide longer term protection to help your family pay off a mortgage or to help pay for a college education Get a quote to see personal pricing.

Who was the billionaire who bought the life insurance policy?

SG, LLC, a Santa Barbara, California-based advisory firm which sold the record-breaking insurance policy was not legally permitted to disclose the name of the billionaire buyer but said it was a well-known Californian tech investor. That does not narrow the list.

What’s the average term of a surety insurance policy?

Most common term lengths are 10, 15, 20, 30 years and pay out +$100,000. Surety offers a variety of affordable term life insurance products to fit your needs, time frame, and budget. Provide additional insurance protection during the child-raising years

Which is the most valuable life insurance policy in the world?

This article is more than 6 years old. An unnamed Silicon Valley billionaire has set a new Guinness World Record for Most Valuable Life Insurance Policy. Worth $201 million, the deal involves 19 different insurance companies and will see the billionaire paying annual premiums in the low digit millions.