The Power of Pacific
At Pacific Life, putting customers first has allowed us to serve families and businesses successfully for 150 years. As part of a mutual holding company structure, we have no publicly-traded stock, so we can focus on long-term strategies, financial strength, and the best interest of our policyowners.
You and your clients, our policyowners, are at the heart of the business decisions we make.
*Independent Ratings for Financial Strength
A.M. Best A+ (Superior) 2nd of 16 ratings as of 5/25/2018
Fitch A+ (Strong) 5th of 21 ratings as of 7/10/2018
Moody's A1 (Good) 5th of 21 ratings as of 8/21/2018
Standard & Poor's AA- (Very Strong) 4th of 21 ratings as of 5/23/2018
COMDEX RATING: 90†
*For most company financial information and ratings, visit www.pacificlife.com.
† The COMDEX is a composite score of the four independent raters of financial strength: A.M. Best, Moody's, Fitch, and Standard & Poor's. The COMDEX rates life insurance companies on a scale of 0 to 100, with 100 being the highest rating.
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Insurance products are issued by Pacific Life Insurance Company in all states except New York and in New York by Pacific Life & Annuity Company. Product availability and features may vary by state. Each insurance company is solely responsible for the financial obligations accruing under the products it issues. Insurance products and their guarantees, including optional benefits, are backed by the financial strength and claims-paying ability of the issuing insurance company. Look to the strength of the life insurance company with regard to such guarantees as these guarantees are not backed by the broker-dealer, insurance agency, or their affiliates from which products are purchased. Neither these entities nor their representatives make any representation or assurance regarding the claims-paying ability of the life insurance company.
Pacific Life's home office is located in Newport Beach, CA.
Term life insurance is the most affordable way to protect your family's financial security if something happens to you.
Men and women in excellent health in their mid 30s and 40s can buy $100,000+ of term life insurance for under a dollar a day.
You can buy term life insurance for 10, 15, 20, or 30 years — however long you need it.
In most cases, term life insurance proceeds are tax-free. Consult with your tax advisor if you have any questions.
Term life insurance is the most affordable — and flexible — Life insurance product available. Why? Because term life insurance provides a specific death benefit amount for a duration — or term — chosen by the policyholder. Once a 10-, 15-, 20-, or 30-year term is selected, the coverage and premium amounts remain the same for the life of the policy. So rather than paying a monthly premium for the rest of your life, you can simply buy coverage for however long you need it — usually until your children are grown and out of the house.
Life insurance is a personal affair. Standard formulas such as buying coverage equal to eight, nine or ten times your annual income are inadequate shortcuts. Online calculators can provide a general guide, but it doesn't make sense to say that someone with four young children should have the same amount of coverage as empty nesters with no mortgage and a substantial retirement fund. Other items to consider:
The time factor. Figure out how many years you'll need to be covered.
Final expenses. Determine the total cost of your funeral, burial and related expenses.
Mortgages and other debts. Tally your mortgage balance, car loans, student loans, and any other major expenses.
Education expenses. This calculation can be tricky because you need to consider the cost of a college education at the time your kids will enroll, as opposed to what it would cost today. Hint: It will be more expensive.
Income replacement. Once you cover funeral expenses, debts and education, you need to determine the amount of income required for your family members to sustain their current lifestyle.
A conversation with an experienced agent can provide the guidance you need.
In 1985, SelectQuote pioneered the direct marketing of term life insurance — providing unbiased price comparisons of your best rates from highly-rated term life insurance companies.
Your personal SelectQuote agent is dedicated to:
SelectQuote focuses on each client’s individual needs in order to find the policy that suits you best.
SelectQuote is America’s #1 Term life sales agency.