Cica Life Insurance Company of America is a remarkable insurance company that has various life insurance products. It’s pretty well known in the life insurance industry since it is available for US and international companies. Not only its expansive availability but this company has also long enough in the industry.
That’s why, some of you may be familiar with this insurance company. However, that’s only a short fact about this company. Therefore, read more to learn about this life insurance company.
What is Cica Life Insurance Company of America?
Cica Life is a company that offers living benefit life insurance products. This company was built to improve the quality of life for all people around the world. Furthermore, its headquarters is located in a six-story 80,000-square-foot facility in Austin, Texas.
Cica Life Ltd is the subsidiary of Citizens Inc that constitute the Security Plan Life Insurance (SPLIC) and Life Insurance Segment. The Cica and Citizens national is focused on issuing the ordinary life policy, credit life disability, final expense insurance, as well as accident and health-related policies within the US.
In addition, Cica Life Insurance Company of America is licensed in 30 states in the US. It’s debt-free with more than $4.4 billion of life insurance in force and more than $635 million. This company is pretty trusted in the life insurance industry since it has a long history in the industry.
Cica Life offers products that allow the client to build wealth from systematic money accumulation with interest-earning living-benefit life insurance policies. Moreover, these policies can develop guaranteed cash values, long-term savings, and earning interest.
What are Cica Life Insurance Company of America’s Offerings?
Cica Life Insurance Company of America has over 50 years of experience expertizing in products that are purposed towards living benefits to achieving independence and peace of mind. It has various product series that are designed to meet the client’s diverse needs.
Each series encompasses products that can be bought for different ages and amounts while still maintaining the value proposition. Its plans have tailored various benefits that allow clients to protect and create part of their wealth through the life insurance policy.
Additionally, this life insurance company offers various financial benefits for your loved ones in any unfortunate premature death. It also has multiple products that’ll meet people’s needs in a vast range. Below are more insights about its life insurance products:
1. The Whole Life
The whole life series or usually called longevity is the first product offered by Cica Life. This product also becomes the first unique product. Furthermore, its coverage combines the customers’ family protection in the event of the customer’s death and savings guarantee protection component plus dividends.
This combination is not only unique but also enhances the benefit for both client and its family. So it’ll generate a long-term bonus with a bigger amount of accumulation above the value of the cash policy or insurance contract.
2. The Freedom
Aside from the product above, Cica Life Insurance Company of America also has the Freedom product series. This series is an excellent solution for those intrigued by building financial futures.
It offers the most intriguing living-benefit portfolios than other life insurance products. Besides, this product is available in both the United States and international
3. The Abundance
The next product of CICA Life Insurance Company of America is entitled the Abundance product series. This life insurance package is tailored for those who reach the old age of 65 years. So this insurance will maximize the protection when reaching old age that encompasses retirement and achieves dividends.
4. Critical Illness
The last product is Critical Illness Coverage. This product is unique since the policyholder with a qualifying illness is directly paid benefits. Furthermore, the policyholder will also determine where to spend the money.
So this product is purposed to pay benefits directly to the policyholder and assist with added costs in the event of a qualifying critical illness. Moreover, this Critical Illness product is offered domestically and internationally.
How Much Does Cica Life Insurance Cost?
The Cica Life insurance company has only several products with focused benefits for certain needs. Basically, this company does not share the cost that you need to pay. It’s because the calculation will be made depending on the policyholder. Then, the price will be calculated based on the case basis and the future risk calculation.
However, according to the CCAP (Citizens Cash Accumulation Plan), its coverage has a minimum payment of $25 per month. This price is based on the Whole Life Series. Regardless, you can take a consultation first to estimate the price since every person has different requirements to determine the cost.
What are the Benefits of Cica Life Insurance Company of America?
Due to this insurance company has various unique products so it also offers distinctive advantages. The advantages also set itself apart from others. So you can leverage a myriad of benefits when purchasing its premiums such as the supplement retirement income and USD policy.
In addition, policyholders also can obtain several other benefits like lifetime income and lifetime benefits. Other than that, it also has tailored products to obtain conservative and guaranteed returns, death and life savings protection, and also conservative investments in the US.
Considering all of those benefits, this American insurance company also strives to offer its best products to all clients all around the US and most countries around the globe. Nevertheless, before buying, you should learn deeper about the details and products for best-suit premiums.
Do You Know More About Cica Life Insurance Company of America?
Cica Life Insurance Company of America has a great existence as with the fact that this company is pretty well-known in the US and international buyers. Aside from that, it has a hefty list of acquisitions that allow it to look extremely good. Plus, it has a wide variety of life insurance products.
Lastly, we hope our article can help you make the decision to find the finest life insurance. It’s worth mentioning, you need to compare various life insurance providers to ensure you find one based on your needs!