By Nick Wilson 
William Penn is a life insurance company. It is a subsidiary of Legal & General America. The latter acquired the former way back in 1989.
William Penn is the preferred life insurance policy provider to more than one and a half million people but there is a catch – the company offers insurance policies only to the residents of New York State.
Why Choose William Penn?
There are plenty of reasons to choose William Penn Life Insurance and some of the most compelling ones are mentioned in the sections below –
- William Penn is one of the few insurance companies in New York State that offers several term lengths on its life insurance policies to interested parties.
- This is the age of the internet and still, there are insurance companies operating in New York State who are operating as if they are in the 20th century. William Penn is not one of them as they offer interested parties the option to get online quotes for the type of insurance policy they are interested in.
- The payout and claim processing procedure of William Penn is very fast as well as efficient and it shows! For example – the company will clear approved life insurance claims within a single business day! That’s amazing!
- The company has a strong online reputation both from its past and present clients and they also hold top spots in several third party websites thanks to the positive ratings they get from their clients.
- The overall financial strength of William Penn is very strong as well and it is one of the many reasons why the life Insurance company was able to clear nearly 100 per cent of claims in the 2018 business year!
For more information go to the William Penn Life Insurance website and clarify all your queries today!
Types Of Insurance Offered
There are two types of life insurance policies on offer from William Penn and they are as follows –
Term Life Insurance
Available term lengths are –
- 15
- 20
- 25
- 30
- 35 or
- 40 years.
The policy comes with reasonable premiums and the best part, it also offers a death benefit guarantee. The death benefit could be anywhere between 100,000 to 10 million USD.
The insurance policy will offer coverage to the applicant till they reach the age of 95 given the fact that the policy is kept active from the applicant’s end. Interested parties can apply for the policy online.
NOTE –
A medical examination is a must before the type of policies can be approved by William Penn.
Universal Life Insurance
This policy variant is ideal for those who want lifetime protection and it delivers as the coverage starts off from the day the same is approved by the officials.
Its premium amounts are flexible and it also comes with an adjustable death benefit clause. Furthermore, it offers a coverage guarantee to the applicant till he or she reaches the ripe age of 121!
For more information go to the William Penn Life Insurance website and just contact them freely to clarify all your doubts today!
Final Verdict
In the end, it is safe to state that William Penn is a reliable insurance company that offers attractive policies and has a strong background. Hence, without thinking twice, get in touch with an insurance official associated with the company today by logging in to their official website.