Life Insurance Coverage - The Maritime Financial Group

Your life is unlimited.
But is your life insurance adequate?

Your life is unlimited.
But is your life insurance adequate?

We don’t always get the chance to show loved ones how much we care. Make sure your love is always felt, with help from Maritime Life—choose from a range of right-sized options, including term and whole life, annuities and flexible investment linked insurance plans. Sign up for a free quote and talk to one of our friendly agents today, or call 493-8116.

Did you know?

Having the right life insurance coverage just may be the single most important financial decision you make. Consider these important facts:

1. Experts recommend that your life insurance coverage should equal 10-15 times your income. One way to estimate your own needs is to use the DIME approach – DIME stands for debt, income, mortgage and education – four criteria that help to estimate the total coverage you’ll need.

2. Life insurance will probably cost less than you think. According to research, as many as 8 in 10 people actually overestimate the cost of term life insurance, and younger generations overestimated by as much as 213%.

3. It’s better to secure life insurance long before you need it—because the cost only increases with time. Your age and health will impact the cost of your premiums accordingly with most insurance underwriting processes. If you know you need more life insurance, the time to secure it is now.

Source: Huffington Post

Maritime Life has been protecting loved ones for over 50 years and has become synonymous with being there for your family when you need us the most. Below we have provided the major plan types available, each designed to meet a certain need:

Sign up for a free consultation with a friendly Maritime Life agent:

We don’t always get the chance to show loved ones how much we care. Make sure your love is always felt, with help from Maritime Life—choose from a range of right-sized options, including term and whole life, annuities and flexible investment linked insurance plans. Sign up for a free quote and talk to one of our friendly agents today, or call 493-8116.

Did you know?

Having the right life insurance coverage just may be the single most important financial decision you make. Consider these important facts:

1. Experts recommend that your life insurance coverage should equal 10-15 times your income. One way to estimate your own needs is to use the DIME approach – DIME stands for debt, income, mortgage and education – four criteria that help to estimate the total coverage you’ll need.

2. Life insurance will probably cost less than you think. According to research, as many as 8 in 10 people actually overestimate the cost of term life insurance, and younger generations overestimated by as much as 213%.

3. It’s better to secure life insurance long before you need it—because the cost only increases with time. Your age and health will impact the cost of your premiums accordingly with most insurance underwriting processes. If you know you need more life insurance, the time to secure it is now.

Source: Huffington Post

Maritime Life has been protecting loved ones for over 50 years and has become synonymous with being there for your family when you need us the most. Below we have provided the major plan types available, each designed to meet a certain need:

Sign up for a free consultation with a friendly Maritime Life agent:

*The above are estimates based on our current rates and not actual premiums

How life insurance works

  • You select an amount in keeping with your present needs
  • Do the necessary medicals
  • Pay an initial premium
  • Your premium never increases
  • In early years, your contribution is greater than the cost of coverage and conversely, it is much smaller in the later years. So, in the early years a reserve is created, off-setting the growing cost in later years.


If you become critically ill

Should you opt for the benefit, you will receive a lump sum (or part thereof) to take care of any of these illnesses:

  • Alzheimer’s disease (dementia)
  • Aortic surgery
  • Benign brain tumor
  • Blindness
  • Cancer (life-threatening)
  • Coma
  • Coronary artery bypass surgery
  • Deafness
  • Heart attack
  • Heart valve replacement
  • Kidney failure
  • Loss of limbs
  • Loss of speech
  • Major organ failure on waiting list
  • Major organ transplant
  • Motor neuron disease
  • Multiple sclerosis
  • Paralysis
  • Parkinson’s disease
  • Permanent disability
  • Severe burns
  • Stroke (cerebrovascular accident)


Life Benefits

  • Provides peace of mind that your family will be protected if you unexpectedly die
  • Provides funds for both spouses in retirement years
  • Provides sources of cash for emergencies and opportunities
  • Acts as collateral for your debts and loans
  • Helps preserve your estate for your heirs


Death Benefits

  • Guarantees income for loved ones
  • Provides funds that can be used to cover funeral bills, medical bills, etc.
  • Provides funds that can be used to wipe off debts and loans such as a mortgage
  • Provides funds that can be used to cover probate, legal and executor fees

Contact Us For More Information

493-8116
ayoung@maritimefinancial.com | sbarran@maritimefinancial.com