Life Insurance

W.B. Payne Co. offers various Life Insurance policies designed to protect your family and other people who may depend on you for financial support. Life insurance pays a death benefit to your beneficiary of the insurance policy.  Some Life Insurance policies also provide options for building wealth or tax-free investments.

There are three main types of permanent life insurance: whole, universal, and variable.

Call us to learn more.


Health Insurance

Health insurance is an insurance that covers the whole or a part of the risk of a person incurring medical expenses, spreading the risk over a large number of persons. By estimating the overall risk of health care and health system expenses over the risk pool, an insurer can develop a routine finance structure, such as a monthly premium or payroll tax, to provide the money to pay for the health care benefits specified in the insurance agreement. The benefit is administered by a central organization such as a government agency, private business, or not-for-profit entity.

According to the Health Insurance Association of America, health insurance is defined as "coverage that provides for the payments of benefits as a result of sickness or injury. It includes insurance for losses from accident, medical expense, disability, or accidental death and dismemberment"