Looking for a life Insurance company is a piece of cake, it’s looking for the BEST life insurance company where things start to get tricky. We wish that we could just tell you who the best life insurance company is but we really cannot because what is the best company for one may not be the best for another person. This is because of everyone has specific needs, health, and lifestyles. If you are looking for an honest review of West Coast Life Insurance Company then you have come to the right place! Here at InsureChance, we provide the most unbiased and informative reviews because we believe our clients will benefit more from a review that is unbiased rather than the other way around because they can all make their own educated decision given the information necessary. In this article, we will be discussing West Coast Life Insurance Company’s history, our review of them, and of course their products with highlights. The following are key points from this article;

1. If you were wondering who West Coast Life Insurance Company is because there is literally almost nothing about West Coast Life Insurance Company, it turns into a search for Protective Life Insurance Company. That’s because West Coast Life Insurance Company is now part of Protective Life Insurance Company.
2. If you already have a life insurance policy with West Coast Life there is no reason to change insurance companies simply because of the consolidation of the companies. If your current policy meets all your needs then there is no reason to trade it in for a new policy.
3. If you are curious about the products they offer now check out our in-depth review of Protective Life Insurance.  West Coast Life Insurance Company was acquired in 1996 by Protective Life Insurance Company. Protective Life offers Term life, Whole life, Universal life, Variable Universal life, and Indexed Universal life insurance products.

About West Coast Life Insurance Company

If you were wondering who West Coast Life Insurance Company is because there is literally almost nothing about West Coast Life Insurance Company, it turns into a search for Protective Life Insurance Company. That’s because West Coast Life Insurance Company is now part of Protective Life Insurance Company. West Coast Life was a great company to work with when they were still writing new coverage. West Coast Life Insurance was founded in 1906 and lived by what they call the “Five Cardinal Principles: Focus on the customer, continuously improve, empower and trust, concentrate on the long term and the team, and utilize statistical analysis to improve processes.” For many years West Coast Life was a subsidiary of Protective Life Insurance Company but still operated as its own company. A few years ago Protective Life decided to rebrand and move forward only offering the Protective Life Insurance Company brand going forward.

What if I have a policy with West Coast Life?

If you already have a life insurance policy with West Coast Life there is no reason to change insurance companies simply because of the consolidation of the companies. If your current policy meets all your needs then there is no reason to trade it in for a new policy. Plus if you decide to trade in your policy or get a new policy you should keep in mind that your new policy will be based on your current age, health, and underwriting.

Let’s say you have a term life policy with West Coast and you are wondering what to do once your term life policy expires then you are going to be happy knowing that you still have options. If you are in good health you will find yourself easily getting quotes with no hassles whatsoever. If your health has deteriorated then you will have a harder time looking for an affordable policy so we recommend you to convert from a term to a permanent life insurance policy rather than look for a new policy.

 West Coast Life Insurance Company’s Review 2017

As we promised earlier, we will provide our review of West Coast Life Insurance Company who is now part of Protective Life Insurance. If you are curious about the products they offer now check out our in-depth review of Protective Life Insurance.  West Coast Life Insurance Company was acquired in 1996 by Protective Life Insurance Company. Protective Life offers Term life, Whole life, Universal life, Variable Universal life, and Indexed Universal life insurance products. They also offer Survivorship UL and Child Life insurance. West Coast was given an “A+” by A.M Best, Standard & Poor’s rated them an “AA-“. Fitch rated them an “A” and Moody’s rated them an “A2”. According to Protective Life, they have been rated an “A” by A.M Best.

Why you should look at a company’s rating

It’s important to look at a company’s rating because it shows how financially stable or unstable a company is. Rating agencies create these ratings for consumers to understand a company’s financial standing before they invest in them. Rating agencies go through a lot to be able to make these ratings. They investigate thoroughly in the company’s financials and their plans. If a company has a good rating it means that they are financially stable and will more than likely be around for your policy to pay out. If a company has a bad rating it shows the opposite, that they are not financially stable and if anything happens to their environment it will affect the company badly and they may not even be around long enough for your policy to be paid out. The worst part about a company going out of business is that your policy and all the premiums you have paid flies with the wind. Moral of all this is to just take a moment to check out a company’s rating.

Protective Life Insurance (West Coast Life Insurance) Products

We mentioned above the different life insurance products that Protective Life Insurance Company offers and again that is because West Coast Life Insurance rebranded to Protective Life. They offer Term life, Whole life, Universal life, Variable Universal life, and Indexed Universal life insurance products. Here are some quick highlights of the two main life insurance products they offer, for a more in-depth explanation click here for our review of Protective Life Insurance.

Term Life Insurance

•  A temporary form of life insurance, coverage only lasts for a specified and short period of time.
• Offers a death benefit but doesn’t offer any cash value.
• The most affordable types of life insurance.
• Perfect for families whose debt and future income needs are larger than their savings.
• Term lengths available for 10, 15, 20, or 30 years.
• Level premium payments are available with a term life insurance policy.

Permanent Life Insurance

• Permanent life insurance consists of 4 different insurance types, Whole life, Universal, Variable Universal, and Indexed Universal life.
• If you want your insurance coverage to last a lifetime then a permanent life insurance policy would be your best bet.
• All permanent life insurance products offer tax-advantaged accumulation of cash value.
• You can access your policy’s cash value through loans or withdrawals to meet retirement planning needs.
• Whole life insurance offers a fixed interest rate.
• All universal life products offer flexibility when it comes to their premiums and death benefit plus they offer a guaranteed minimum interest rate.

Final Thoughts

In conclusion, now you know why when you googled “West Coast Life Insurance Company” Protective Life popped up everywhere you turned. West Coast was a great company and they got in the game with Protective Life which was a good business move because Protective Life is one of the most well-known life insurance companies, they are also rated A and offer a huge variety of products to fit any client’s specific needs, health, and lifestyle. However, they are only one company among others, and we always recommend our clients to shop around for quotes because you may get a better offer from another company. If you have 30 seconds go below this article and check out our quote engine so that you can see for yourself what your premiums may look like while comparing with other top rated companies and their offers. You can also take advantage of our free service and let us do all the shopping for you so that you can spend more time with those who matter the most, your family. After we find the best life insurance company we will even do the application so that you can sit back and enjoy life worry-free, plus it’s FREE, who doesn’t love a free service? Give us a call today!

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