Georgia Life Insurance Quotes

When purchasing Georgia life insurance, you may want to take a look at adding a rider to your policy.  A rider is a document with special provisions that are not in the policy contract, they are added to the policy.  Georgia life insurance companies have many different types of riders, some are for term insurance and others are for permanent insurance.  Little additional underwriting is needed so the cost of the rider is generally low.
One type of rider is guaranteed insurability which is available only on permanent life insurance.  This rider is used when there is a significant change in you life (marriage, child, change in income) as it allows you, without have to prove insurability, to buy more coverage.  A rider of waiver of premium is important as it will pay your Georgia life insurance premium if you become injured, ill or unable to work for a extended length of time.  For permanent insurance a good way to save money is to have an additional family member rider.  This is term insurance for you, your spouse or children for a set time period.  This allows you to have the extra coverage while paying off your mortgage or while you have other large debts.  You can insure your children with the purpose of having them convert to a policy of their own when they are of age without having to prove insurability.  Another rider is the accidental death or double indemity provision.  This will pay the beneficiary twice the amount of the face value of your Georgia life insurance policy.  A rider that could become very important when facing a terminal illness would be the living benefits rider.  This allows you to use the proceeds of your Georgia life insurance policy before you die, this will affect the amount of your death benefit but will be a financial resource when looking at long term or nursing home care. For term insurance, it would be very beneficial to have a convertible and renewable rider that allows you to either convert your term policy to permanent or renew your term insurance without evidence of insurability.
If you have questions regarding insurance you can call the Georgia Department of Insurance Consumer Services Division at 1-800-656-2298 or their website www.gainsurance.org