Supplemental Spouse Life Insurance at Life

Supplemental Spouse Life Insurance. If you purchase supplemental life insurance coverage for yourself, you may purchase coverage in $10,000 increments for your eligible spouse/domestic partner. You may elect up to $150,000 in coverage;

Affordable, flexible term life insurance at your pace. Affordable, flexible term life insurance at your pace. If you are the named beneficiary of a spouse's life insurance policy and their death causes financial loss to you and your family, then you will likely receive the financial payout of their life insurance policy.

Protecting Those Who Matter Most Aspen Wealth Management

However the coverage you purchase for your spouse/domestic partner cannot exceed your supplemental life coverage amount. Imagine you just got yourself a term life insurance policy, or that you’re covered under your employer’s insurance plan, but somehow you need additional coverage because your financial liability is. This covers your eligible dependents. This coverage will provide a death benefit if your spouse or domestic partner passes away.