Life Insurance
BECU has partnered with Covr to give you access to affordable life insurance options.
Get a Life Insurance QuoteSee how easy and affordable it is to protect your loved ones with life insurance.
As a BECU member, you have access to customized life insurance solutions that can help you find affordable coverage that fits your needs. Life insurance can be an important part of your financial plan.
With Covr, BECU members can:
- Get a no-cost quote in minutes by answering a few short questions.
- Compare rates from top companies and secure coverage in the same day, in many cases, without a medical exam.
- Get assistance from Covr's licensed specialists in all 50 states. Telephone support is always available if you need help.
Features and Benefits of Life Insurance
Life insurance provides cash benefit to your beneficiaries when you die. This money replaces the income you provided and can be used for anything — funeral expenses, living expenses, college tuition, mortgage payments, and even everyday bills and expenses. This benefit protects your family's financial health. Life insurance benefits may be paid out in a tax-free lump sum of money, providing beneficiaries with flexibility in their greatest time of need.*
Learn how life insurance could help provide peace of mind for your family and your finances.
BECU is providing access to insurance products through its relationship with Covr Financial Technologies, Inc. ("Covr"). Covr provides direct-to-consumer insurance solutions. BECU makes no representations regarding the appropriateness or otherwise of the products or services provided by Covr and the insurance carriers on its platform. There are additional service providers for comparative purposes. If you choose to pursue coverage, you must do your own diligence and make your own independent decision. BECU licensed insurance entity may earn commissions or a referral fee or other forms of compensation for products purchased through Covr.
Certain term life insurance policies are subject to full medical underwriting and are not available for immediate coverage.
*The above article is intended to provide generalized financial information designed to educate a broad segment of the public; it does not give personalized tax, investment, legal, or other business and professional advice. Generally, life insurance proceeds received by a named beneficiary due to the death of an insured person are not includable in gross income and not reportable.