Colorado Term and Universal Life Insurance

Colorado Life Insurance Resources

Survivorship Policies

Survivorship Colorado Term and Universal Life Insurance insures two people, usually a husband and wife, and provides a death benefit to the beneficiaries at the death of the second insured. These plans are primarily designed to provide cash for estate taxes or for business costs that must to be paid after both insureds have died.

Survivorship insurance contracts can be structured as ordinary life, graded premium life, or universal life policies. An important advantage of a survivorship contract is that its coverage costs less than the premiums for two separate policies with an total amount equal to the survivorship policy’s death benefit. More liberal underwriting means the policy can be written even if one party has significant health issues.

Colorado Department of Insurance: – The state insurance department website includes consumer and licensee resources including a listing of all licensed life insurance agents and companies which make up the insurance company.

Colorado Life & Health Insurance Protection Association: The state life insurance guaranty association works to guarantee the safety of all coverage, even in the event that a company selling life products becomes insolvent.

Colorado Company Ratings: AM Best is the most prominent ratings company reviewing Insurance Companies based on their ability to pay claims. At Life Insurance.Net we work only with A and A+ rated life insurance companies.

Here is a complete list of the State Departments of Insurance

Learn more about our wonderful state. Check out Netstate’s Colorado State Almanac

Our life insurance agents service all communities in Colorado including:

  • Denver
  • Colorado Springs
  • Aurora
  • Fort Collins
  • Lakewood

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