MAPFRE Insurance

Frequently Asked Questions

Frequently Asked Questions


1. Why do I need life insurance?

Life Insurance can provide the peace of mind that your loved ones will be taken care of financially in the future.

Life insurance also helps cover expenses like mortgage payments, car loans, education/tuition and other debts.

2. I already have life insurance, why would I need more?

Even if you think you have enough life insurance, it’s a good idea to evaluate your coverage to make sure your family will be financially secure. Life events such as marriage, children, college tuition and perhaps even the expense of starting your own business are all factors to consider when examining your life insurance coverage needs.

How much coverage do I need?

Your licensed life insurance agent can assist you in evaluating the coverage options that best meet the needs of you and your family. Here are some helpful questions to think about when evaluating your coverage needs:

  • What would your dependents need in order to cover day-to-day bills and outstanding debts/expenses that will eventually occur? For example, college expenses, mortgage, car loans and retirement savings.
  • Do you currently own a life insurance policy, either individual or from the company you work for? Even if you have group life insurance, you may want to calculate whether that would be enough to cover your family’s needs, assets and financial commitments.
  • You may want to reconsider whether your current coverage would be enough to cover your family’s needs if you’ve experienced any of these life events in the last few years:
    • Marriage
    • Divorce
    • Birth of a child
    • Home purchase
    • Business start-up
    • Saving for / Paying tuition expenses
    • Retirement planning and savings

    If you would like a MAPFRE representative to help you calculate how much coverage you need, please Contact us.

3. What term period should I choose?

MAPFRE Life offers term limits of 10, 15 or 20 years. In making your decision, consider both your age and the age of your dependents. For instance, if you have young children, you may want a 20 year term to ensure your children’s college expenses are covered. On the other hand, if you are already retired, your financial situation might be different, and a 10 year term policy might suit your needs better. Your licensed life insurance agent can help you determine the best policy term for your family.

4. How much would I have to pay for life insurance?

Life insurance premiums may be less than you expect. The premium you pay is dependent on your coverage limit, term period, age, and whether you are a smoker or non-smoker. Get a QUOTE now.

Additional Savings Opportunity>> Get a 2% discount on your auto insurance through The Commerce Insurance Company when you purchase a MAPFRE Life Insurance policy! Please Contact us.

5. Am I required to take a medical exam?

There is absolutely no medical exam required to purchase term life insurance from MAPFRE.

6. Can I purchase/manage my policy electronically?

MAPFRE Life allows you to complete the life application and signature process from a PC or tablet. Your policy will be emailed to you and all future premium payments may be managed electronically as well.

life_second_image_mainContent







CONTACT US

We can provide you with a quote, assistance or simply advice, even if you are not considering buying a policy right now.

Call 1-855-MAPFRE-4 (1-855-627-3734), e-mail us at lifeinsurance@mapfreusa.com or contact your MAPFRE Independent Agent.



*MAPFRE Insurance® is a brand and service mark of MAPFRE U.S.A. Corp. and its affiliates, MAPFRE Life insurance CompanySM (Dover, DE); American Commerce Insurance CompanySM (Columbus, OH), Citation Insurance CompanySM (Webster, MA); The Commerce Insurance CompanySM (Webster, MA); Commerce West Insurance CompanySM (Cal. COA. 06715, San Ramon, CA), MAPFRE Insurance CompanySM (Cal. COA 18643, Florham Park, NJ), MAPFRE Insurance Company of FloridaSM (Miami, FL) and MAPFRE Insurance Company of New YorkSM (Garden City, NY). Not all products available in all states.

MAPFRE Life Insurance CompanySM is licensed to do business in all states except New York. Affiliated companies are not responsible for the contractual or financial obligations of MAPFRE Life Insurance CompanySM.



close

Select Your Company


MAPFRE | Commerce Insurance Company

American Commerce Insurance Company

Commerce West Insurance Company

MAPFRE Insurance Company of New York

MAPFRE Insurance Company of Florida


Not sure which company? Contact Us
close

Get an Auto Quote

Select a state to get an auto insurance quote online.
Arizona | California | Florida | Massachusetts | New York | Ohio | Pennsylvania | Puerto Rico | Washington

Didn't See Your State?

Currently online quoting is not yet available in all states.
Please contact us or find an agent to find insurance that fits your needs.

Contact Us

Find an Agent

or
close

Find an Agent

Work with an agent to find the coverage to meet your needs.
or
close

Manage Your Policy

Select a state to manage your policy online.
Arizona | California | Florida | Massachusetts | Pennsylvania| Washington

Don't See Your State?

Currently online quoting is not yet available in all states.
Please contact us or your independent insurance agent to manage your policy.

Contact Us

Find an Agent

or
close

Claim Information

Select a State.
or
Contact Us
close

Report a Claim

Select a State.
or
Contact Us
close

Thank you for visiting the MAPFRE Travel Insurance Site

If you are an existing policy holder and need to make changes to an existing policy or to file a claim please call 1-888-838-0921.

Claims can also be submited at:
MAPFREtravelclaims@insureandgousa.com

Emergency numbers

In the event of an emergency overseas, call collect 305-913-1867
From Within the US call toll free 1-888-838-0921

close

Make a Payment

Select policy state.
or
Contact Us
close

Auto Insurance

Customize your policy to fit your specific needs

Select a state to view coverage options in your area!
close

Homeowner Insurance

Protecting your home inside and out.

Select a state to view coverage options in your area!
close

Resources:

How to attach an image to email

How to download pictures from your digital camera
close

Business Insurance

The options you need for the business you own.

Select a state to view coverage options in your area!
close

Life Insurance

It only takes minutes to plan ahead for your loved ones.

Select a state to view coverage options in your area!
close

Thank you for visiting the MAPFRE Travel Insurance Site

If you are an existing policy holder and need to make changes to an existing policy or to file a claim please call 1-888-838-0921.

Claims can also be submited at:
MAPFREtravelclaims@insureandgousa.com

Emergency numbers

In the event of an emergency overseas, call collect 305-913-1867
From Within the US call toll free 1-888-838-0921