Mississippi Term and Universal Life Insurance

Mississippi Life Insurance Resources

Survivorship Policies

Survivorship 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 Mississippi Term and Universal Life Insurance policy can be written even if one party has significant health issues.

Mississippi 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 Mississippi Life insurance market.

Mississippi Life & Health Insurance Guaranty Association: The state life insurance guaranty association works to guarantee the safety of all Mississippi Life Insurance coverage, even in the face of an insolvency by a member life insurance company.


Mississippi Life Insurance Company Ratings: AM Best is the most prominent ratings company reviewing Mississippi Life 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 Mississippi State Almanac.

 

Our life insurance agents service all communities in Mississippi including:

  • Jackson
  • Gulfport
  • Hattiesburg
  • Southaven
  • Biloxi

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