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Individual Life Insurance in Lincoln and Grand Island NE.

Peace of Mind for you and your Loved Ones

Cornhusker Insurance Agency provides life insurance to individuals in Lincoln, Grand Island, York, Omaha, Fremont, Beatrice, and surrounding areas.

Individual Life Insurance

Many individuals consider life insurance to be the cornerstone of a sound financial plan. And while no one likes to think about passing on, Life Insurance can relieve you of the financial worry your loved ones may face in the event of your passing. 

Your beneficiaries will be able to use your Life Insurance policy to help pay for anything from expensive funeral costs and estate taxes to making up for lost income or funding your child’s education. It can even be used to continue payments on your mortgage to help ensure that the family home stays in the family.

At Cornhusker Insurance Agency, we know that choosing a Life Insurance plan is a big decision with many important factors to consider. Our knowledgeable team of insurance professionals is committed to walking you through the process and providing you with the best insurance solution to give you and your family the peace of mind you deserve. 

Types of Individual Life Insurance

Cornhusker Insurance Agency offers several different coverage options for your consideration: term life, whole life, universal life, and variable life insurance.

Term Life – This is typically the simplest and least expensive insurance option. Term life insurance provides coverage at a fixed rate for a specified period of time. It is a benefit policy that is used primarily to cover financial responsibilities of the insured, with the benefit to be paid only if the insured were to die during the specified term. Most term life policies can be converted to a more permanent insurance solution such as whole life, variable life, or universal life insurance.   

There are two types of term life insurance: 

  • Annual Renewable Term is purchased for a period of one year, with the death benefit to be paid only if the insured were to die during that one-year term, along with the option to renew after the term period.
  • Level Term Life guarantees a fixed premium for a given period of time, usually in terms of 10, 15, 20, or 30 years. Your premium is based on your age and coverage options, with longer terms being more expensive.?

Whole Life – As the most common type of permanent insurance, a whole life policy guarantees a death benefit for the lifetime of the insured as well as a cash value account for savings. Your premium remains constant throughout the duration of the policy while payments over and above your premium are credited to your savings, which earn a fixed rate of interest. 

Universal Life – Universal life policies are designed to be more flexible than other permanent Life Insurance. You are still guaranteed a death benefit for the duration of the policy as well as savings that accumulate cash value, but the flexibility of a Universal Life plan allows you to change certain aspects of your plan to accommodate life changes. 

Depending on your options, you have the flexibility to change the overall value of the death benefit as well as the time and amount in which you pay your premium. This gives you the option to focus on building your policy’s cash value, or pay a lower premium and focus on guaranteed protection. It is important to note that changes to your universal life policy can affect its guarantees and limits.

Variable Universal Life - With a variable universal life (VUL) Insurance policy, you get the same flexible benefits of Universal Life while being able to take advantage of potential economic growth in the stock market. Instead of creating a cash value for savings, the value of your VUL policy is invested in professionally managed funds that reflect the performance of the stock market. This also means that as the policy owner, you assume the risk and responsibility of monitoring your own investments.

Cornhusker Insurance Agency is here for you

There are many things to take into account when purchasing life insurance, and changes in your life situation can reflect changes in your insurance requirements. That is why it is important to carefully consider the different policy options and ensure that you have the right solution to meet your long-term life insurance needs. 

An insurance specialist with Cornhusker Insurance Agency will review your current life insurance situation and help you design a policy to plan for the future. 

At the end of the day, one of the biggest investments you can make is an investment in yourself. 

 

Our Location

Cornhusker Insurance Agency

6100 Apples Way Suite 110
Lincoln, NE 68516
Main office: 402-807-2081
Fax: 402-434-5594

Our Providers

Testimonials

Terry Stull was absolutely wonderful! Professional, courteous, efficient and most important, she found the best insurance company for my family and business needs. Couldn't be more pleased with her service...she's simply the best! - Steve T.

Steve T.
Agent Ashley Burson from Cornhusker Insurance Agency has been a tremendous help in finding the insurance needs for myself. She is not only very professional, but extremely knowledgeable in finding a policy that fits the needs of her clients. I had been with a previous carrier for 16 years, and she was able to find me a plan that not only gave me better coverage, but also saved me money on my budget. I plan on continuing with all my insurance needs through Agent Burson. -Trevor H.

Trevor H.
Ashley Burson was phenomenal. She was there to help us every step of the way. I never expected the process to go so smooth and couldn't have asked for more. She consistently contacted us and provided us with information before we even had a chance to ask. Thank you Ashley! Very courteous, very professional. I would recommend anyone to use Ashley Burson. You can tell by her professionalism that she takes her job very seriously. - Laura H.

Laura H.
This was by far the easiest, most user-friendly experience I've had related to insurance. Great service! I'm very pleased with my policy and with your company. I recommend Agent Ashley Burson to all my friends and family. I think you're the best insurance agency in today's market. You're certainly the best insurance Agent I've had. Thank you so very much. - Adam H.

Adam H.
Our family works with Cornhusker Insurance Agency. They bring a level of trust and high touch service that is highly valued by our family. We have our home, our cars and our umbrella policy with them. They truly listen and then put together the best approach for our family's needs. Not only did they save us nearly $500 a year when we switched over a few years ago, they have been there to run scenarios for us and provide solid advice as our family needs change. They are truly trusted advisors! - Anne L.

Anne L.