Contact Us: (864) 271-4630
Poinsett General Insurance Agency, Inc.
  • Home
  • Quotes
    • Business Quotes >
      • Business Quote
      • Business Owners Package (BOP) Insurance Quote
      • Event Insurance Quote
      • Group Benefits Insurance Quote
      • Insurance Bonds Quote
      • Workers Compensation Quote
    • Auto Quotes >
      • Auto Quote
      • ATV Insurance Quote
      • Classic Car Insurance Quote
      • Motorcycle Quote
      • Roadside Assistance Quote
      • RV Insurance Quote
    • Property Quotes >
      • Homeowner Quote
      • Condo Quote
      • Earthquake Insurance Quote
      • Flood Quote
      • Landlords Insurance Quote
      • Renters Quote
    • Other Quotes >
      • Boatowner Quote
      • Travel Quote
      • Wedding Quote
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Contact My Carrier
    • Free Consultation
  • Products
    • Business >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Event Insurance
      • Group Benefits
      • Insurance Bonds
      • Workers Compensation
    • Motor Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • Roadside Assistance
      • RV Insurance
    • Property >
      • Home Insurance
      • Condo Insurance
      • Earthquake Insurance
      • Flood Insurance
      • Landlords Insurance
      • Renters Insurance
    • Other >
      • Boat Insurance
      • Travel Insurance
      • Wedding Insurance
  • Blog
  • About
    • Staff Directory
    • Agency Photo Gallery
    • Insurance Carriers
    • Client Testimonials
    • Refer a Friend
    • Glossary
    • Accessibility Statement
    • News
  • Contact
  • Home
  • Quotes
    • Business Quotes >
      • Business Quote
      • Business Owners Package (BOP) Insurance Quote
      • Event Insurance Quote
      • Group Benefits Insurance Quote
      • Insurance Bonds Quote
      • Workers Compensation Quote
    • Auto Quotes >
      • Auto Quote
      • ATV Insurance Quote
      • Classic Car Insurance Quote
      • Motorcycle Quote
      • Roadside Assistance Quote
      • RV Insurance Quote
    • Property Quotes >
      • Homeowner Quote
      • Condo Quote
      • Earthquake Insurance Quote
      • Flood Quote
      • Landlords Insurance Quote
      • Renters Quote
    • Other Quotes >
      • Boatowner Quote
      • Travel Quote
      • Wedding Quote
  • Service
    • Report a Claim
    • Make a Payment
    • Update Contact Info
    • Policy Changes
    • Proof of Insurance
    • Contact My Carrier
    • Free Consultation
  • Products
    • Business >
      • Business Insurance
      • Business Owners Package (BOP) Insurance
      • Event Insurance
      • Group Benefits
      • Insurance Bonds
      • Workers Compensation
    • Motor Vehicles >
      • Auto Insurance
      • ATV Insurance
      • Classic Car Insurance
      • Motorcycle Insurance
      • Roadside Assistance
      • RV Insurance
    • Property >
      • Home Insurance
      • Condo Insurance
      • Earthquake Insurance
      • Flood Insurance
      • Landlords Insurance
      • Renters Insurance
    • Other >
      • Boat Insurance
      • Travel Insurance
      • Wedding Insurance
  • Blog
  • About
    • Staff Directory
    • Agency Photo Gallery
    • Insurance Carriers
    • Client Testimonials
    • Refer a Friend
    • Glossary
    • Accessibility Statement
    • News
  • Contact

What is Life Insurance?

Life insurance pays out a sum of money either on the death of the insured person or after a set period of time.

Common Types of Life Insurance

Term Life Insurance
  • Term life insurance or term assurance is life insurance which provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions. If the life insured dies during the term, the death benefit will be paid to the beneficiary. Term insurance is the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time.
Whole Life Insurance
  • Whole life insurance, or whole of life assurance, is a life insurance policy that remains in force for the insured's whole life and requires (in most cases) premiums to be paid every year into the policy.
Universal Life Insurance
  • A type of permanent life insurance. Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy. The cash value is credited each month with interest, and the policy is debited each month by a cost of insurance (COI) charge, as well as any other policy charges and fees which are drawn from the cash value, even if no premium payment is made that month. Interest credited to the account is determined by the insurer, but has a contractual minimum rate of 2%. When an earnings rate is pegged to a financial index such as a stock, bond or other interest rate index, the policy is a "Equity Indexed Universal Life" contract.

Contact us to learn more about the right life insurance for you.

Contact Us About
Life Insurance:

(864) 271-4630
836 Powdersville Rd
Ste C, Easley, SC 29642​
Click Here to Email Us
Life Insurance Quote
Licensed to Sell Insurance Products in South Carolina, North Carolina, and Georgia.

Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login

Social Media

Contact Us

Poinsett General Insurance Agency, Inc.
836 Powdersville Rd
Ste C,
​Easley, SC 29642
(864) 271-4630
Click Here to Email Us

Location

Insurance services offered through an Avantax affiliated insurance agency.

​By submitting your contact information on our website, you authorize Poinsett General Insurance Agency, Inc. to reach out to you via call, email, or text for information about your insurance needs. We will never share your personal information with third parties for marketing purposes. You can opt out at any time. Message/data rates apply. Consent is not a condition of purchase. Privacy Statement available below.
Poinsett Privacy Notice.pdf
File Size: 97 kb
File Type: pdf
Download File

EasleySCDowntown photo by Excel23 | CC-BY-SA-4.0 | Website by InsuranceSplash