Get a Life Insurance Quote
Looking for life insurance for yourself, someone in your family or your employees? Whether you’re at the start of your search for coverage or you know exactly what you want, we can answer all your questions and provide fast and simple quotes customized for you.
Life Insurance Frequently Asked Questions
What is life insurance?
Life insurance is a simple, affordable, and reliable way to help financially protect your loved ones. You make payments to Dakota Capital and if you die, your loved ones would receive a lump sum payment for the face amount of your policy.
How much life insurance can I get?
We offer a range of policies to fit your needs and circumstances. Whether that’s $10,000 of coverage or over $10,000,000, you can get what you need to protect your loved ones.
Do I need life insurance?
There are a few reasons you may need life insurance, including if you have someone depend on you for income, you’re getting married, having a baby, or you have debt. Even if you’re single, you can lock in low rates now while you advance through your life’s journey. You never know when a health condition might surface that will make your rate increase, or means you’re classified as uninsurable. This means you will not be able to get life insurance coverage at any price.
How much coverage do I need?
It’s important to get enough coverage to pay off any debt, such as a mortgage, and have enough so your loved ones can maintain their lifestyle.
I already have coverage though work. Can I get additional coverage?
Yes, even if you already have coverage through work, you can still get additional coverage with Dakota Capital. It is smart to have your own policy.
How long does it take to get approved for life insurance?
The application process is easy and only takes a few minutes. Once you’ve submitted your application and if we don’t require a medical exam, your application is typically processed and completed in just a few days. If we require a medical exam, your application is normally approved a few days after you complete the exam.
What happens after I apply for life insurance?
When you’ve applied for life insurance, our underwriters will review your application and evaluate your information. If we need you to take a medical exam, we will work with you to get it scheduled.
Do I need a medical exam to get life insurance?
No, you don’t need a medical exam as we are able to offer life insurance without a medical exam up to $250,000. However, for higher coverages we do require a medical exam.
Do I have to pay for the medical exam?
No, Dakota Capital will cover the costs of your medical exam.
Are life insurance death benefits taxed?
Generally, life insurance benefits are not taxed under current law.