Life Insurance Options for Accountants
Life insurance is an important purchase that you will want to make for your family. Buying a life insurance policy makes sure that your family does not have to deal with financial issues when you pass away. If you are an accountant, you have many life insurance options to choose from. Because you want to pick the best insurance that suits your needs and your family’s, ensure you explore the following options:
Life Insurance your Employer Offers
Employers give their employees many benefits that can include a life insurance policy. Each of them can have varying insurance plans to offer. Some of them may give it for free while others pay a part of your premiums. This offer is something most accountants will want to grab to save money on their premiums. However, the drawback is that you may lose this benefit once you switch employers. But, if you think you are going to stay there at least for a while, a life insurance policy offer from your boss is something you should not reject.
Life Insurance from AICPA
The American Institute of CPAs (AICPA) provides accountants the opportunity to buy a life insurance policy at reasonable rates. The organization has access to various kinds of life insurance policies and every type of policy has different benefits and costs. In order to gain access to these policies, you need to become a member of the organization first. Once you become a member, you will have exclusive benefits on some policies. Accountants and Aicpa members should compare rates at Affordable Life USA where life insurance rates for accountants can be easily obtained.
Life Insurance from Private Insurance Companies
There are many insurance companies that provide life insurance. But, because their offers vary, you need to compare your options. You can get the best rate when you compare quotes from at least three insurance companies. Depending on whether you want to buy a term life insurance policy or a permanent policy, you must choose a company that has a good history in terms of paying claims. But, choosing a private company means not expecting special rates from them for being an accountant. The company will give you rates based on your insurance needs. The best thing about getting life insurance from a private insurer though is that you can easily buy a policy online. You just need to fill out forms and you can get yourself covered.