Peace of Mind: An unexpected death can cause emotional and financial distress, even when one is prepared. But figuring out how to pay for funeral arrangements should be the last thing on anyone's mind at a time like this. CBI can give you peace of mind by offering life insurance with benefits that will help alleviate these types of worries.
Security: If you (or a family member) suddenly find yourself out of work due to an accident or illness, the last thing you want to worry about is how you are going to pay your bills. Income protection insurance arranged by CBI can provide you with the financial security you need.
Term Life is a relatively low-cost product that pays a death benefit to the beneficiary of a member who is enrolled under an individual plan. You have the option to choose the coverage that best fits your needs, and benefits are paid directly to the beneficiary. You are responsible for the total amount of the premium
Whole Life offers protection throughout an individual's entire life. The premium is based on the individual's age at the time of purchase. There is no need to renew a whole life policy; as long as premiums are paid when due, coverage will remain active.
Short-Term Disability provides weekly benefits to individuals who are disabled as a result of an occupational and/or nonoccupational illness or accident. Benefits are provided as a percentage of salary for up to six months.
Long-Term Disability coverage usually starts after short-term disability coverage has been exhausted. Some plans provide benefit payments up to a specific age or for a specific number of years. Benefits are provided as a percentage of income during a prolonged disability.
Long Term Care is protection against financial loss associated with the cost of care for nursing home, assisted living, home care, respite care, alternative care, caregiver training, and/or equipment.