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The Best of Erie Family Life Insurance

Making Life Insurance Easy

June 18, 2010

Life insurance isn’t a purchase anyone takes lightly. How much is enough? What changes when I have kids? Change jobs? Retire? It’s all about the big picture of your life.

But, just because it’s a big picture—one that can be tough to think about—life insurance doesn’t have to be a tough purchase to make. Your local ERIE Agent is there to help you through it.

Here are three ways he or she can help you plan, save and protect with Erie Family Life:

1) Find products that fit your needs
Erie Family Life offers a variety of products that are meant to work with you and your situation. Your Agent can walk you through each:
Permanent (whole life) life insurance or universal life insurance provides coverage for your entire life and builds cash value. (It just keeps building, even when you’re not looking.)

Term life insurance provides affordable coverage for a specific number of years, such as the time span when your kids are young and depending on you.

Riders are extra coverages you can add to permanent, universal or term life insurance policies for added benefit. For example, the Children’s Term Insurance Rider can provide limited amounts of term life insurance for your children. And the Premium Waiver Benefit Rider allows insurance protection to continue, with no further premium payment necessary, if you become totally disabled for more than six months.

2) Combine products for a customized package
Permanent and universal life insurance products are great ways to save money and build cash value. But sometimes, the death benefit is just not enough for what your family would need if something were to happen to you. That’s when it makes sense to add a term life insurance policy to a permanent one. It’s an inexpensive way to double, triple or even quadruple the face amount of your life insurance. Your ERIE Agent can explain how it works and why combining is a popular choice among young couples.

3) Simply invest and enjoy guaranteed interest rates
Erie Family Life products aren’t just about what you need to protect your family if you were to pass away. They’re about helping you enjoy your life, too. So, in addition to life insurance products, Erie Family Life offers annuities and IRAs to help you save for retirement.

Why buy from Erie Family Life?
Buying from Erie Family Life keeps your insurance—home, auto and life—all in one place, with ERIE.

You can save on your homeowners insurance when you have a qualifying Erie Family Life policy. (It’s called the Life Multi-Policy Discount.) Having life insurance through Erie Family Life may help you earn a discount on your ERIE auto insurance, too.

Keeping your future protected with Erie Family Life brings you peace of mind; you’ll know you’re insured with a financially sound company. In June 2009, A.M. Best affirmed that Erie Family Life Insurance Company had a Best’s Rating of
A (Excellent).

How to get started

  • Check out the life insurance calculator online at erieinsurance.com.
  • Talk to your Agent about which options are best for you.
  • Select the products you’d like, and your ERIE Agent will make the purchase easy.
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*Erie Family Life not available in New York

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