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Life & Disability in Oakland, CA

Life insurance can help provide financial security for you or your loved ones by replacing lost income and covering various expenses after your death or when the policy’s term is up. If you’re looking for life insurance, we’re here to help. Our agency is ready to discuss your life insurance needs and help find a policy that’s right for you.

What Is Life Insurance?

Life insurance is a contractual agreement between you (the policyholder) and the insurance company. In exchange for paying the insurer a regular premium, your beneficiaries will receive a lump-sum death benefit when you pass away or after a specific amount of time has passed.

What Are the Types of Life Insurance?

There are two primary types of life insurance, including:

  • Term life insurance—A term life policy provides a death benefit to your loved ones if you die during the policy’s term. This term might be a period of 10, 20, 30 or more years, depending on the expiration date of the policy. If you do not die during this time, the policy does not pay and will expire when the term ends. You will also have to reapply for a new policy if you want to continue to have coverage.
  • Whole life insurance—A whole life policy will last for the remainder of your life once you enroll. It will not expire unless you stop paying for it. Additionally, such a policy offers cash value investment opportunities. This cash value component can enable you to receive a source of income during your lifetime (in addition to the eventual death benefit).

Several other types of life insurance also exist. Speak to one of our agents to determine which type of coverage suits your particular needs.

How to Get Life Insurance

If you’re in need of a life insurance policy, we’re here to help. Give Burns Employee Benefits Insurance Services a call or request a quote online to get started.

Disability insurance can help protect your finances if you suffer from an unexpected injury or illness that prevents you from working. With disability insurance, you may receive a portion of your income even after you can no longer work, whether for a short or long period. Learn more about disability insurance below.

Short and Long-Term Disability Insurance

There are typically two types of disability insurance: short-term and long-term disability.

  • Short-term disability coverage can help replace income immediately after a covered person experiences a disability. There is typically a specific amount of time of injury or illness that a short-term disability policy will cover.
  • Long-term disability insurance helps provide income if the disability lasts for years. With long-term disability coverage, there may be a more extended grace period between the illness or accident and when you begin receiving payments.

Who Needs Disability Insurance?

Any employee who depends on their income from work to pay bills may benefit from having disability insurance coverage after an accident or illness prevents them from continuing with their job.

How to Get Disability Insurance

You may have several choices for disability insurance coverage, including group coverage through your employer, short-term disability insurance, long-term disability insurance or supplemental disability coverage.

Contact Burns Employee Benefits Insurance Services today to learn more about this essential coverage and get a quote.

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