True Life Insurance Company

Life insurance is a financial product that provides a sense of security and peace of mind to individuals and families. It’s a way to ensure that loved ones are taken care of financially in the event of the insured person’s death. Life insurance companies offer a range of products and services that can be tailored to individual needs and goals.

True Life Insurance Company is one of the leading providers of life insurance in the United States and the world. It has been in business since 1868 and is renowned for providing quality products and services to its customers. True Life Insurance Company has a wide selection of life insurance products, including term life insurance, whole life insurance, universal life insurance, and variable life insurance. The company also offers a range of annuities and other financial services.

In this article, we’ll take a closer look at True Life Insurance Company and the products and services it offers. We’ll also explore the company’s history and its commitment to providing top-notch customer service.

 

History of True-Life Insurance Company

True Life Insurance Company was founded in 1868 in New York City. The company was originally called True Life Assurance Society and was among the first life insurance companies in the United States. The company was founded by a group of businessmen, including William F. True, who served as the company’s first president.

In 1871, the company expanded to Chicago, Illinois and later, in 1873, to St. Louis. By the late 19th century, True Life Insurance Company had grown to become one of the largest and most successful life insurance companies in the United States.

Over the course of the ensuing decades, the company underwent a sustained period of growth and expansion, with its operations steadily expanding in size, scope, and influence. In the early 20th century, True Life Insurance Company established offices in major cities throughout the United States. In 1913, the company opened its first international office in London, England. By the mid-20th century, True Life Insurance Company was operating in more than 30 countries.

Throughout its history, True Life Insurance Company has remained committed to providing quality products and services to its customers. The company has continually sought to improve its products and services so that customers can get the best possible value for their money.

 

Products and Services Offered by True Life Insurance Company

True Life Insurance Company offers a range of life insurance products, including term life insurance, whole life insurance, universal life insurance, and variable life insurance. The company also offers a variety of annuities and other financial services.

 

Term Life Insurance

Term life insurance is a type of life insurance that provides coverage for a set period of time, usually between 10 and 30 years. The policyholder pays premiums each month and, if the policyholder dies during the term of the policy, the designated beneficiary will receive a death benefit.

The death benefit amount is determined at the time the policy is purchased and can be used to cover funeral expenses, medical expenses, debts, and other expenses. Term life insurance is typically the least expensive type of life insurance and is ideal for individuals who want to provide financial protection for their families in the event of death.

 

Whole Life Insurance

Whole life insurance is a type of life insurance that provides coverage for the policyholder’s entire life. The policyholder pays premiums each month and, if the policyholder dies, the designated beneficiary will receive a death benefit.

The death benefit amount is determined at the time the policy is purchased and can be used to cover funeral expenses, medical expenses, debts, and other expenses. Whole life insurance can also accumulate cash value over time, which can be used to cover expenses or meet other financial goals.

 

Universal Life Insurance

Universal life insurance is a type of life insurance that provides coverage for the policyholder’s entire life. The policyholder pays premiums each month and, if the policyholder dies, the designated beneficiary will receive a death benefit.

The death benefit amount is determined at the time the policy is purchased and can be used to cover funeral expenses, medical expenses, debts, and other expenses. Universal life insurance also accumulates cash value over time, which can be used to cover expenses or meet other financial goals.

 

Variable Life Insurance

Variable life insurance is a type of life insurance that provides coverage for the policyholder’s entire life. The policyholder pays premiums each month and, if the policyholder dies, the designated beneficiary will receive a death benefit.

The death benefit amount is determined at the time the policy is purchased and can be used to cover funeral expenses, medical expenses, debts, and other expenses. Variable life insurance also accumulates cash value over time, which can be invested in a variety of investments, such as stocks, bonds, mutual funds, and other securities.

 

Annuities

True Life Insurance Company also offers a variety of annuities, which are a type of financial product that provides a steady stream of income over time. Annuities can be used to supplement retirement income, meet financial goals, or provide for family members in the event of death.

True Life Insurance Company also offers other financial services, such as investment products, retirement planning, estate planning, and more.

 

Commitment to Quality Customer Service

True Life Insurance Company is committed to providing quality customer service. The company has a team of dedicated customer service representatives who are available to answer questions, provide assistance, and make sure that customers get the best possible value for their money.

The company also has a website and mobile app that customers can use to manage their policies, make payments, and access other services.

 

Conclusion

True Life Insurance Company is one of the leading providers of life insurance in the United States and the world. The company has been in business since 1868 and is renowned for providing quality products and services to its customers. The company offers a range of life insurance products, including term life insurance, whole life insurance, universal life insurance, and variable life insurance. The company also offers a range of annuities and other financial services. True Life Insurance Company is committed to providing quality customer service and making sure that customers get the best possible value for their money.