626-914-3800
  

Individual Life Insurance in Glendora, CA and San Dimas, CA

Peace of Mind for you and your Loved Ones.

Bethany Insurance Agency provides life insurance to individuals in Glendora, San Dimas, La Verne, Azusa, Monrovia, Chino Hills, and surrounding areas.

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 Bethany 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

Bethany 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’s a benefit policy that’s 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 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’s 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.

Bethany 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’s why it’s 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 Bethany 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. 

 

Bethany Insurance Agency

801 S Grand Ave, Ste A

P.O. Box 490 Glendora, CA 91740

Main office: 626-986-0071
Fax: 626-914-3888

Office Hours:

Mon: 8:30 AM - 5:30 PM
Tues: 8:30 AM - 5:30 PM
Wed: 8:30 AM - 5:30 PM
Thurs: 8:30 AM - 5:30 PM
Fri: 8:30 AM - 5:30 PM
Sat: By Appointment
Sun: Closed

Our Providers

Testimonials

Michael, Daniel and the rest of the staff are great to work with. By far the best insurance agents my office has ever had the pleasure of working with. There customer service is second to none and their rates are very competitive. I couldn't ask for anything more. These guys really are the best. I would recommend giving them a call.
Sam from Costa Mesa
We have had our insurance business with Bethany Insurance for a number of years and always receive awesome service. On our last renewal, Mike S helped us save even more while keeping our same coverage. I highly recommend Bethany Insurance and have several family members doing business with them. Thank you Mike and Bethany Insurance.
A M. from Glendora
These guys are awesome! I was referred to Daniel through one of my closest friends. Daniel initially started my car insurance quote when I was fed up with my last agency. Everyone here is super friendly. Someone is always available to take my call. When Daniel wasn't around to help, Chris was able to assist. All of them are super knowledgeable and helped me switch services easily. I called and emailed Chris a lot to get all my paperwork handled. I'm surprised they didn't refuse my business. Jk. They were so helpful that I switched my bros' and dad's insurance policies to them too. Definitely happy they helped. They made the process super easy.
Amy P. from Santa Ana
I'm a mortgage broker and I need a place to refer all my clients, and Michael Shehata has been my number 1 guy. I tell my clients they can shop around and look for the best deal, but I already have. I refer everyone to Mike at Bethany and he never disappoints to beat anyone's rates and service. I would recommend him to all my friends and family as well. Thank You Bethany!
Andrew Y. from Anaheim
I dont go to yelp and post reviews unless it is 5 or 1. I was given a Home Insurance quote for $500 by some other agency initially and Michael from Bethany reviewed it with me to inform that it had minimal coverage. And they also helped me get a quote when Mercury rejected it due to fire hazard issues. Helping me evaluate or smoothen the process is the best value Bethany provides. I will refer Bethany to as many as ​I ​ can.
Leela Krishna K. from Cerritos