Life & Health
Individual Life
Life insurance from S&T-Evergreen Insurance helps individuals secure their family’s future by providing the funds they need to cover burial expenses, medical bills, mortgages and other outstanding debts to maintain a comfortable standard of living.
There are a variety of life insurance policies that S&T-Evergreen Insurance can
provide:
Term Life
A low-cost way of providing maximum coverage for your family, term life
insurance provides protection for a limited number of years. The insurance
expires without value if the insured lives beyond the policy period.
Term insurance premiums will not increase during the policy period and pays a
death benefit only if a policyholder dies during that term. Term insurance
generally provides the largest insurance protection for the premium dollar.
Universal Life
Universal life insurance is characterized by flexibility, enabling policyholders
to determine the amount and frequency of premium payments. Premiums cover an
insurance portion as well as a savings or investment element. The stated
interest on the investment portion changes along with movements in interest
rates.
Whole Life
Whole life insurance provides permanent protection, from the date of policy
issue to the date of the insured’s death. Premiums are set at the time of issue
and remain level for the policy’s life. Unlike term insurance, whole life
combines protection and cash value that builds over time.