Life

INSURANCE

VanVleet Partners with Erie to Provide the Very Best In Life Insurance.

Why Erie Life Insurance?
If you have a family to protect, a sound life insurance program is the perfect solution. Use Erie’s Life Insurance Calculator to find the right information for you and your family.

There are two basic types of life insurance needs.

Temporary & Permanent.

Temporary needs include home mortgages or short-term debt reduction, family income, and educational expenses and can last up to 30 years. Term insurance is the most cost-effective method of insuring many short-term needs. There are a variety of plans to choose from, ranging from an annual renewable term (1-year plan) to a level term plan that could last 5, 10, 20 or 30 years.

Permanent needs include those that last for your entire life. Permanent insurance needs include final expenses, funds to cover estate taxes, and retirement savings protection. Many life insurance policies can also provide protection for long term care or disability expenses. Permanent and universal life plans are ideally suited for meeting these goals.

The primary purpose of life insurance is to provide cash for your family in the event of your death to ensure that they can remain in their home and continue to maintain an adequate standard of living. There are a number of factors that determine the cost you pay for life insurance including:

  • Age
  • Health
  • Tobacco use
  • Occupation
  • Hobbies