Best Life Insurance Companies in Roseville

Frequently Asked Questions

• Can Roseville life insurance companies demand applicants to undergo drug testing?

  Yes, life insurance companies in Roseville may require applicants to submit to a drug test as part of the underwriting process. The goal is to assess the risk of insuring an individual while determining premium costs. Life insurance companies frequently test their clients' urine for drugs, as this test can detect a wide range of chemicals, including prescription pharmaceuticals and illicit narcotics.

• Can you include a specific sum of money in your Roseville life insurance policy for the upkeep of your pet?

  Yes, you can include a specific amount of money in your Roseville life insurance policy for your pet's care. To accomplish this, indicate the amount or percentage of the policy earnings that should be set aside for the pet's expenses. Other options for arranging for the care of your beloved animal after your death include establishing a pet trust, naming a caregiver in your will, or enlisting the assistance of a reputable animal welfare organization.

• When does Roseville's accidental death and dismemberment insurance not give coverage?

  Roseville's accidental death and dismemberment insurance excludes the following from its coverage:

  • Driving while intoxicated.
  • Dying while committing a crime or from a drug overdose.
  • Death due to high-risk activities.
  • Death during surgery.
  • Suicide or fatalities brought on by mental illness.
  • Demise brought on by a disease or bacterial infections.
  • Military deaths or injuries caused by war.
  • A professional athlete passing away during a sporting event.

• What can you do if you were a victim of a life insurance scam in Roseville?

  If you become a victim of Roseville life insurance fraud, you should contact the California insurance department. Once you report the scam, the agent or organization that committed it may have their license revoked and face legal action. You can also report the scammers to the Insurance Fraud Bureau to prevent them from preying on others.

• When will the free look period of a Roseville life insurance start?

  A free look period, also known as a free look provision, gives you the option of canceling your life insurance policy at the start of the policy's term without incurring any fees. The free look period of Roseville life insurance usually begins on the day the policy is issued. If you're unsure when your free look period begins, contact your insurer and inquire about the provision's start and end dates.

• Which is better, term or whole life insurance?

  Life insurance is a personal financial tool, so the right type of insurance for you depends on your goals and current situation. One of the main differences between term life insurance and whole life insurance is that term life insurance only covers you for a set period of time. Once you meet the premium payment requirements on a whole life plan, it covers you for the rest of your life. Whole life insurance also builds cash value, making it a potential investment. But whole life insurance is typically much more expensive than term life insurance.

• How much life insurance do I need?

  A common recommendation is purchasing life insurance that is equal to five times your current salary, or more. But you can also estimate how much life insurance you need by adding up your debts, annual expenses for dependents multiplied by the years you want to ensure support, and any other items you wish to cover, such as a future wedding or college tuition.