Life & Health

Sagen & Associates offer a number of life and health insurance products through top-rated carriers to help you ensure you and your family are properly covered at the best available rate.

Term & Universal Life Insurance

Life Insurance can help protect your family. The recommended amount of life insurance q person should have approaches six to eight times their annual gross income. Under current laws, there is generally no federal income tax on death benefits paid to a named beneficiary. Please consult with your tax advisor.

  • Term Life Insurance Policy Information

A term life insurance policy is life insurance coverage for a specified length of time usually 5, 10, 20 or 30 years. It is usually purchased with a particular need in mind, such as mortgage protection. Beneficiaries will receive the face value of the policy upon the insureds death. Term life will have the lowest premium, but there is no cash value and if the insured survives the time period, the policy expires.  Most policies will have a conversion feature permitting the policy-owner to exchange a term policy for a cash value policy without evidence of insurability.

  • Universal Life Insurance Policy Information

Universal life is a flexible premium policy that combines protection against  death with a cash accumulation account that earns a market rate of interest with a guaranteed minimum rate of interest. The interest rate paid on the cash value typically is higher than whole life insurance because they trend with the markets. Premium payments for universal life insurance policies are very flexible.  They can be paid monthly with EFT, quarterly, semi-annually or annually. Each month deductions are taken from the cash value and interest and premium payments are added to the cash value.  As long as there is sufficient cash value to maintain the monthly costs, the policy will remain in force.

Sagen & Associates offers affordable term life and universal policies from many reputable companies.  Use the request form on this page, and one of our experienced associates will be glad to assist you. Or, you can speak with one of our life insurance agents at (920) 849-4534 at any time to discuss the policy features and options in more detail.

Short Term Medical

Our Temporary Health Insurance, otherwise known as a Short Term Medical policy offers coverage for 30-365 days. If your temporary insurance needs run longer than 365 days, you may be able to renew the plan.

Temporary Health Insurance policies have benefit limits and you’ll be required to cover an initial deductible and to make co-payments. You’re allowed to pick your own doctors, hospitals, or other health-care providers. Temporary Health Insurance offers coverage for doctors, inpatient and outpatient services, lab work and X rays. No physical exam is required and your temporary health care insurance coverage begins as soon as the insurer receives your application and first premium payment. You will need to answer several limited underwriting questions to qualify.

Reasons for choosing Temporary Health Insurance

  • Between jobs or laid off
  • Temporary or seasonal worker
  • Self employed or Small business
  • Recent college graduate
  • Waiting for employer group coverage to begin

Temporary Health Insurance Limitations

Temporary Health Insurance plans normally have a lower level of benefits in comparison to permanent plans such as Major Medical or HMO plans. Temporary Health Insurance usually will not cover treatment of a pre-existing conditions, such as an illness or injury that has produced symptoms or for which you’ve received previous treatment. Also, our Temporary Health Insurance does not cover routine medical exams, preventive care, optical care, dental care, or pregnancy and childbirth expenses.

These insurance coverage limitations reduce the cost for a Temporary or Short Term Health Insurance policy, thus making it affordable for more people to purchase reliable health insurance coverage for short term needs.

Long Term Care

This type of coverage ensures your medical benefits extend over a longer period of time in those incidents where you have a longer recovery period, or extended health care is needed. Call one of our health insurance experts today for additional information on the benefits of a Long Term Care policy and the available options today, or fill out the form on this page and one of our expert associates will get back to you to answer all of your questions.