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At Coleman Life Insurance, we provide personalized coverage solutions designed to fit your unique needs and goals.

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Our simplified issue life insurance policies are designed to offer

peace of mind for you and financial support for your loved ones —when it matters most.

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This type of policy may be a great fit if you:

Understanding Life Insurance

  • Prefer a fast, hassle-free application with no medical exam

  • Want a fixed monthly premium that fits your budget

  • Need coverage to support your loved ones during tough times

  • Would like to leave a death benefit to help with funeral costs, lost income, debt, education, and more

  • Are looking to supplement your existing life insurance

  • Want added protection through Living Benefits, which provide cash if you become critically ill or injured and can’t work

The Differences Between Life Insurance Policies

Too many people choose a policy without fully understanding the trade-offs. We walk you through your choices and help you avoid surprises down the road.

Insurance shouldn’t be confusing. Let’s make it clear — together.

Term Coverage

  • ​Defined Coverage Period

  • Term life insurance offers coverage for a specified term

  • Affordable Premiums

  • Term life insurance is often more affordable compared to permanent policies

  • Temporary Coverage Option

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Family standing in front of their home while learning about term life insurance and how it protects mortgage payments.

 

​Whole Life

  • Provides coverage for the entire lifetime of the insured

  • Includes savings element, known as cash value, which grows over time 

  • Policyholders pay fixed premiums, throughout the life of the policy

  • Policyholders can borrow against the accumulated cash value

Young woman looking at her elderly reflection in a mirror, symbolizing the long-term security and protection offered by whole

​Universal 

  • Flexible structure that allows policyholders to adjust premiums and coverage amounts 

  • Includes a cash value component that accumulates over time

  • Adaptability to changing financial situations

  • Lapsing risk: If policyholders underfund their policies, the cash value that covers insurance costs can be depleted

  • Rising insurance costs with age: As you age, the cost of insurance increases.​

Dad handing his son the keys to a new car bought using cash accumulation from a whole life insurance policy, illustrating lon

Final Expense

  • Covers end-of-life costs, such as:

  • Funeral or cremation expenses

  • Burial plot and headstone

  • Medical bills

  • Legal or probate fees

  • Small outstanding debts

  • Fixed premiums for life

Woman standing solemnly at a gravesite, representing the importance of final expense life insurance to cover end-of-life cost

Accidental Death

  • Pays a lump-sum benefit if you die or are seriously injured in a covered accident.

  • Extra layer of protection—especially for those with risky jobs or lifestyles

  • Does not cover death by natural causes (illness, old age, etc.)

  • Excludes high-risk activities like skydiving, racing, or drug-related incidents (varies by policy)

Ambulance responding to emergency, representing accidental death insurance coverage that provides financial protection in une

Income Protection

  • If an accident or illness left you unable to work, a steady income would be essential.

  • Helps replace part of your income so you can focus on recovery—not bills

  • Replaces 50%–70% of your income if you can’t work due to illness or injury

  • Covers a wide range of health issues—mental, physical, or chronic

  •  Works on or off the job (not limited to workplace accidents)

  •  Helps with rent, mortgage, groceries, bills, and debt

Man gently relearning to walk after an accident, highlighting the supportive role of income protection life insurance in prov

Debt Free Life

  • Creates a Smart Debt Payoff Strategy

  • Use the policy’s cash value to pay for expenses—no interest to banks

  • Become completely debt-free in 9–12 years—including their mortgage

  • Frees up cash as smaller debts are eliminated

  • Achieves this without increasing your current monthly expenses

  • Loan repayments can go back into the policy to rebuild cash value

  • Ensures your loved ones are protected and not left with unpaid debts

Long Term Care

  • The need for assistance or supervision with activities of daily living. (bathing, dressing, eating...)

  • ​Pays for care at home or in assisted living facility

  • Extensive long term care can cost $4,000 - $10,000 monthly

  • Medicare doesn't cover it: It only pays for short term rehab, not ongoing care 

Elderly man peacefully receiving care in a nursing home, highlighting long-term care insurance options that support dignity a

Get expert guidance to find the option that’s right for you.
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