Burial Insurance Topics
Standard Life And Casualty Insurance Company
Standard Life and Casualty Insurance Company was founded in 1947 in Rock Hill, South Carolina. The company’s cash-value whole life insurance plan is designed with final expenses in mind. It features guaranteed premiums and is available for applicants aged 85 or younger. Death benefits max out at $50,000.
Do I have to use burial insurance benefits on funeral expenses?
Burial insurance payouts do not have to be used on funeral expenses. Once the policyholder dies, the insurance company pays a cash settlement to the policy’s beneficiary. This cash settlement may be used in any way that the beneficiary desires. Most beneficiaries use it for all or part of a loved one’s burial expenses, but this is not required.
How do you apply for burial insurance?
The easiest way to apply for burial insurance is via your preferred insurance company’s website. In most cases, you’ll need to provide your personal information, sign up for a website account, and answer a brief health-related questionnaire. If you’d feel more comfortable talking to an insurance agent in person, you can call the toll-free telephone numbers listed on the company’s website or visit a local office in person.
Do burial insurance premiums change?
Most burial or final expense insurance policies offer guaranteed premiums. This means that your monthly (or annual) payments will stay the same over the life of the insurance as long as you make your payments on time. Premiums are calculated based on your location, your age, your sex, and any health issues you may have. Once you have accepted a premium from an insurance company, it will not change even if your health changes.
How to get started with Standard Life And Casualty Insurance Company
If you are already a Standard Life and Casualty insurance customer, you should contact your local office and inquire about a final expense policy. If you are a prospective customer, you can connect with an agent on company’s website. You may also shop for policies using our comparison tool by clicking on the following link.
Financial Strength Ratings
AM Best – B, Stable outlook
Moody’s – No rating
Standard & Poor – No rating
Company contact info
Standard Life and Casualty
PO Box 510690
Salt Lake City, UT 84151-0690