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Life Insurance and Health Insurance Comprehensive Solutions
Expert guidance for Medicare, Health, Dental, Vision and Life insurance coverage. Annuities for retirement planning.
About LIFA Insurance
Our Mission
At LIFA Insurance, our mission is to provide comprehensive health and life insurance solutions tailored to your needs. Since 2003, we have been committed to educating our clients about the best coverage options available.
Affordable Health AND LIFE Insurance Plans
Individual Health Insurance
Find the best individual health insurance plans that fit your medical needs and budget. Get a quote today and start saving on your healthcare costs.
Family Health Insurance
Protect your family's health with our comprehensive family health insurance plans. Get coverage for your spouse and children at an affordable price.
Group Health Insurance
Offer your employees the best health insurance coverage with our group health insurance plans. Save money on your healthcare costs while providing top-notch benefits to your staff. Expand benefits with short or long term disability, group term or supplemental life, dental, vision, EAP, or longterm care plans.
Dental Insurance
Get coverage for routine check-ups, fillings, and other dental procedures with our dental insurance plans. Keep your teeth healthy and your wallet happy.
Vision Insurance
Take care of your eyes and save money on eyeglasses, contact lenses, and other vision-related expenses with our vision insurance plans.
Medicare Insurance
Get additional supplemental insurance coverage which enhances original Medicare Part A, Part B benefits. Medicare Supplement G or N with stand alone drug coverage or Medicare Advantage HMO or PPO with or without drug coverage. Many plans offer nationwide network of providers and hospitals.
Life Insurance
Life insurance is a contract between an individual (the policyholder) and an insurance company where, in exchange for regular premium payments, the insurer agrees to pay a predetermined sum of money, known as a death benefit, to the beneficiaries designated by the policyholder upon their death. Here's a further breakdown of how it works and its purpose:
- Financial Protection for Beneficiaries: The primary purpose of life insurance is to provide financial security to loved ones or designated beneficiaries after the insured individual passes away. This money can help cover various expenses such as:
- Funeral costs.
- Replacement of lost income.
- Outstanding debts (e.g., mortgage, loans).
- Daily living expenses.
- Childcare and education costs.
- Leaving an inheritance.
- Long-term care rider to offset home care or facility expenses
- Critical Care or Cancer rider for additional care funds
- Types of Life Insurance: There are two main categories of life insurance:
- Term life insurance: Provides coverage for a specific period of time (e.g., 10, 20, or 30 years). If the insured dies during this term, the death benefit is paid. If they outlive the term, the policy expires.
- Permanent life insurance: Provides lifelong coverage and typically includes a cash value component that grows over time. Common types include whole life and universal life. This cash value can often be accessed by the policyholder during their lifetime, potentially for college tuition or a home down payment, although doing so may reduce the death benefit.
- Individual and group products
- Premiums: The policyholder makes regular payments (premiums) to the insurance company to maintain the policy's coverage. The amount of the premiums is influenced by factors like the policyholder's age, health, and lifestyle.
- Beneficiaries: Beneficiaries are the individuals or entities designated to receive the death benefit. They can be primary beneficiaries (first in line) or contingent beneficiaries (backups). A beneficiary doesn't have to be a person and can be a trust, a charity, or even a business. The beneficiary must have an "insurable interest" in the policyholder's life, meaning they would suffer a financial loss upon the policyholder's death.
- Payouts: The most common payout is the death benefit paid to the beneficiaries upon the insured's passing. Some policies may also offer living benefits, allowing policyholders to access a portion of the death benefit while still alive, especially in cases of chronic or terminal illness.
Essentially, life insurance serves as a crucial financial planning tool, offering peace of mind by safeguarding the financial future of those who depend on the insured.
Health Insurance for Self-Employed, between jobs or retired
Affordable Coverage
Affordable Coverage
Affordable Coverage
Our health insura provide comprehensive coverage at affordable rates.
Flexible Plans
Affordable Coverage
Affordable Coverage
We offer a range of plans that can be customized to fit the unique needs of individuals.
Tax Benefits
Affordable Coverage
Tax Benefits
Self-employed individuals may be eligible for tax benefits when purchasing health insurance through our plans.
Networks
Tax Benefits
Some plans require you to utilize a doctor, medical group, or hospital In-network.
Prescription Drug Coverage
Our plans provide coverage for prescription drugs, including brand-name. generic. and specialty medications.
Easy Enrollment
Enroll in our insurance plans easily online or by phone.
About OUR Insurance carrier partners
- Health Plan Partners : Aetna, Anthem/Elevance, Blue Shiield, Cal Choice, Health Net, Humana, Kaiser, SCAN, United American, United HealthCare, Travel/Geo Blue
- Dental & Vision Partners: Aetna, Anthem, Blue Shield, Cigna, Delta Dental, Guardian Life, MES, MetLife, VSP
- Exchange Partners: CoveredCA, NVHealthlink
- Ancillary Partners for Critical Illness, Accidental injury, Cancer, Hospital Care, Travel, Short & Long Term Disability
- Life Plan Partners: Accordia Life & Annuity, John Hancock, Nationwide, and more with or without Long Term Care rider.
Licenses: California, Nevada and Utah