Wisconsin Life Insurance

Looking for cheap life insurance quotes? EzCheapLifeInsurance.com provides consumers with life insurance information and quotes online. There are 476 licensed life insurance companies in Wisconsin. 28 life insurers are domiciled in the state. Over 20,000 people re employed in the life insurance industry.In addition to group coverage, there are 3 million individual life insurance policy holders in Wisconsin. The state residents have $490 billion in death benefit coverage. The average amount of coverage is $95,000. In 2008, the individual life insurance coverage purchased in the state was $30 billion. Wisconsin residents were paid $7 billion in the form of death benefits in 2008. Find cheap life insurance quotes online!

Wisconsin Life Insurance Regulations

Chapter 632 of the Wisconsin Statutes outlines procedures and policy requirements in Wisconsin. Life insurance companies in Wisconsin are obligated to settle claims within 30 days of receipt of proof of death. Consumers have a 20-day “free look” period on replacement policies and a 10-day “free look” period on all policies. The 30-day grace period on late payments is another provision on all Wisconsin life insurance policies which protects the consumer.

Wisconsin Health Facts

The state ranks 14th our of 50 for life expectancy. He average life expectancy is 78 years in WI. The leading causes of death are cancer and stroke. The data provided by American Human Development Report (2008-2009)

5.5. million people live in WI. 10% of them are uninsured. The average annual income is $51,000. More information about state demographics, economy, health costs, and insurance coverage can be found at www.cdc.gov.

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Wisconsin Department of Insurance

GEF 3, Second Floor

125 South Webster Street

Madison, Wisconsin 53703

Web site: http://oci.wi.gov/

Phone: (608) 266-3585

Consumer Hotline: (800) 236-8517 (Wisconsin)