Life Insurance

Life Insurance in Kansas

As a Kansas resident, you should understand the importance of life insurance. It is one of the best ways to provide your beloved one with financial protection and make sure that they do not carry a financial burden after you are gone. If you are shopping for life insurance in Wichita, KS, or any other nearby community, here is a list of things you should know about this type of insurance:

  • Grace period. If you missed your monthly insurance payment for some reason, your policy is not canceled immediately. You are given 30 days, during which you must submit the payment. If you do not make the payment within the provided period, you will lose your insurance policy.
  • No free look periods. Unlike other states, Kansas does not provide policyholders with a free look period that would allow them to try their policy, review, and cancel it if they are not satisfied. However, even though the state does not require a free look period, insurance companies still provide it.
  • There are two types of life insurance policies. The first type is called whole life insurance. This type of policy covers a person for their entire life. It does not expire as long as a policyholder keeps paying for it. The second type is term life insurance. It is valid for a limited time only. This period cannot be longer than 30 years.

The Insurance Hub LLC – The Insurance Agency You Can Trust

If you live in Wichita, KS, or any other nearby town, and you are looking for a life insurance policy to protect people you love, The Insurance Hub LLC is glad to assist you. We will help you find a perfect policy based on your individual needs and your family’s needs. Just visit our website or give us a call for more information.

8020 E Central Ave Suite 135 Wichita, KS. 67206 | (316) 682-2929