Bismarck Life Insurance

You Need Life Insurance

We represent multiple companies to find the best life insurance for your needs. 

Carriers vary by location.

What is Term Life Insurance?

Term life insurance is a type of life insurance policy that provides coverage for a set period of time, typically between one and 20 years. During this period, the policyholder pays regular premiums to the insurance company, and if they die during that time, the insurance company pays out a death benefit to their beneficiaries. Unlike other types of life insurance, such as whole life, term life insurance does not accumulate cash value over time, and the premiums are generally lower. Term life insurance is typically chosen by individuals who want coverage for a specific period of time, such as to protect their family during their working years or until their children are grown. It can also be used as a way to supplement other life insurance policies and comes in varying levels of coverage, depending on an individual’s needs.

Family Life Insurance
Bismarck Life Insurance

What is Whole Life Insurance?

Whole life insurance is a type of permanent life insurance that covers the policyholder for their entire life, as long as they keep paying the premiums. Whole life insurance policies typically have a cash value component, which grows over time and can be accessed by the policyholder through loans or withdrawals. The premiums for whole life insurance are generally higher than those for term life insurance, but the policies come with the added benefit of lifelong coverage and the potential to accumulate savings. Whole life insurance can also be used as an investment to provide additional income during retirement or as a way to pass on wealth to beneficiaries. It is important for individuals to carefully evaluate their options and consult with a financial advisor before purchasing a whole life insurance policy.

What is Single Premium Life Insurance?

Single Premium Life Insurance is a type of life insurance policy that requires the policyholder to pay a one-time, lump-sum premium payment upfront. The policyholder pays a single premium payment, which is invested by the insurance company, and the policy remains in force for the life of the policyholder. Upon the death of the policyholder, the policy pays out a death benefit to designated beneficiaries. Single Premium Life Insurance policies can function as an investment vehicle, as the policy’s cash value may grow over time due to the investment of the premium payment. Single Premium Life Insurance can be an attractive option for individuals with a lump sum of money looking for a way to provide a death benefit to their beneficiaries while potentially earning a return on their investment.

Bismarck Final Expense Insurance
Bismarck Final Expense Life Insurance

What is Final Expense Life Insurance?

Final expense life insurance, also known as burial or funeral insurance, is a type of insurance policy designed to help cover the costs of one’s final expenses, such as funeral, burial, and other related expenses. Unlike other life insurance policies, final expense life insurance has a relatively lower coverage amount between $5,000 and $25,000 and is usually purchased by seniors or those with health issues who want to ensure that their final expenses do not become a burden for their loved ones. Final expense life insurance policies are generally easy to obtain and do not require a medical exam. They can also have fixed premiums that remain the same throughout the coverage period.


Generally, we will need your name, address, phone number, birthdate, the kind of insurance you are requesting, the term, smoker/non smoker, health status.  If you would like to enter this information into an easy to fill form click here.

Life insurance is a contractual agreement between an insurer and a policyholder. The policyholder agrees to pay a premium, either in a lump sum or over time, in exchange for the insurer’s promise to pay a benefit to designated beneficiaries upon the policyholder’s death. The commitment for life insurance typically involves a long-term commitment, with policies lasting for many years. The policyholder is expected to pay all of the required premiums on time and keep the policy in force. Failure to do so can result in the policy lapsing, which means that the coverage is terminated and no benefit will be paid upon the policyholder’s death. Therefore, the commitment for life insurance requires a significant financial investment and responsibility in order to ensure that the policy remains active and provides the intended protection to beneficiaries.

The cost of life insurance varies based on a variety of factors, including your age, health, occupation, and lifestyle choices. Generally speaking, term life insurance tends to be more affordable than whole life insurance. The cost of premiums can range anywhere from a few dollars per month to hundreds of dollars per month, depending on the coverage amount you choose and the length of your policy. While some people may find life insurance to be too expensive, others may see it as a necessary investment in their family’s financial security.

There are also ways to potentially lower the cost of life insurance, such as maintaining a healthy lifestyle, and quitting smoking. Blue Paddle Insurance compares rates from multiple insurance providers. It’s important to evaluate your individual financial situation and consider your long-term goals before making a decision about life insurance.

Whether or not you need a medical exam to obtain life insurance depends on the policy and provider you choose. Some life insurance policies do require applicants to undergo a medical exam to determine their health and assess the risk of insuring them. These exams can include blood tests, urine tests, and physical exams. However, some policies, such as simplified issue or no medical exam policies, don’t require a medical exam but may come with higher premiums. In general, the younger and healthier you are, the easier it is to obtain a life insurance policy without a medical exam. It’s always best to research your options and speak to Robert at Blue Paddle Insurance to determine whether a medical exam is required for the policy you’re interested in.

Yes, there is a free look period for life insurance policies. This is a period of time (typically 10-30 days, depending on the policy and state regulations) during which the policyholder can review the policy, understand its terms and conditions, and decide whether they want to keep it or not. If the policyholder decides to cancel during this period, they will receive a refund of any premiums they have paid. The purpose of the free look period is to give consumers a chance to make an informed decision about their life insurance purchase, without any pressure or obligation. It is important to review the details of the free look period in your particular policy, as the terms and conditions can vary.

The amount of life insurance you need depends on various factors, including your financial liabilities, your lifestyle, and the number of dependents you have. A general rule of thumb is to consider a policy that would replace 5-10 times your annual income. If you are the primary breadwinner, you may want to factor in expenses like mortgage payments, college tuition for your children, and any outstanding debts. Additionally, consider any future financial goals you have for your family, such as funding retirement for a surviving spouse or leaving an inheritance. Ultimately, it’s important to assess your own unique situation and use Blue Paddle Insurance Agency’s Life Insurance Calculator to determine the appropriate coverage for you and your loved ones.

There are several reasons that could nullify a life insurance policy. The most common reason is the failure to pay premiums on time. If a policyholder doesn’t pay premiums as agreed, the policy may lapse and become null and void.

Another potential reason for nullification could be a material misrepresentation on the application. This refers to intentionally providing false or incomplete information when applying for life insurance. Such misrepresentation could lead to the company denying the claim if the policyholder dies.

Additionally, if the policyholder dies as a result of engaging in illegal activities or if the death is ruled a suicide within a certain period, the policy may be invalidated. Lastly, breaching certain policy conditions such as living abroad or participating in dangerous activities not covered by the policy may nullify the policy.

Funeral and cremation costs vary depending on what you choose for the service. In 2019, the average cost of a funeral with viewing and burial was $7,640, not including cemetery expenses. The average cost of a cremation with viewing and funeral was $6,260, not including cemetery expenses. Without a viewing or funeral, the average cost of direct cremation was $1,600. Keep in mind that expenses can also be affected by your location and any additional services or products you choose. It’s important to research and compare pricing to find what works best for you and your family. Additionally, there may be options for financial assistance available, such as government programs, charitable organizations, and insurance policies.