Personal | Life and Benefits

Life Insurance

Term Insurance

Term life insurance offers life insurance protection for a specific number of years. It builds no cash value, you pay only for the life insurance. That's why term life is less expensive than permanent life insurance. That means you can afford more protection for your loved ones.

Term life insurance lasts for a specific number of years, from 1-30 years. The most common terms are 10, 15, 20 or 30 years.

Term life insurance policies pay the beneficiary the face amount of the life insurance policy if the insured person dies during the term of the policy.

For example, a 15-year term life policy with a face amount of $250,000 would pay $250,000 to the beneficiary if the insured died any time during those 15 years.

Usually, term life insurance costs 2-3 times less than permanent life insurance.

If you outlive the term of your life insurance policy, your coverage ends.

Get your free term life insurance quotes - You will be asked to fill out one form that takes about a minute, then you will receive up to 12 quotes for term life insurance instantly.

Permanent Life Insurance

As the name implies, permanent life insurance is the type of insurance that you will keep for a lifetime. This type of life insurance can never be taken away from you. It never expires. The face amount of the policy will be paid upon the death of the insured. The premiums remain level for as long as you keep the policy. Some types of life insurance which are considered to be permanent life insurance policies are whole life insurance in all its different forms, universal life insurance and variable life insurance.


 

Health Benefits

Long Term Care

As people get older there is a tendency toward the development of certain physical and mental conditions which result in the need for constant care. Conditions such Alzheimer's, certain Cancers, Parkinson's disease and many other ailments fall into this category.

The result is that these people end up needing medical as well as custodial care. Long term care becomes necessary more because of custodial care requirements rather than medical needs. If you develop any of these ailments you may find it necessary to employ someone to assist you in the daily activities that most people take for granted such as just getting up out of bed, using the toilet, having a bath, dressing, preparing and having breakfast, or even going outside to get a little fresh air.

We invite you to obtain a detailed analysis of your actual needs and a quality quote from Petschauer Insurance. Our excellent coverage will amaze you and more importantly, protect you, your family, and your investments. Call us today.

Medicare Supplement

Medicare offers numerous benefits to its holders. With Medicare, you will be assisted in paying health care costs, enjoy various benefits, and receive specific services depending on your needs and choice of plan.

Medicare, however, does not cover all of your health care expenses, so there will be fees that you must cover on your own. These fees are called the “gaps” of Medicare assistance in which the gaps need to be filled in. Medicare Supplement Insurance is commonly called Medigap Policy to supplement whatever gaps Medicare leaves you.

A Medicare Supplement Insurance Policy (aka Medigap) is private health insurance designed to supplement original Medicare. It pays some of the health care costs that Medicare does not cover such as co-payments and deductibles. Medigap policies may also cover some services not covered by Medicare. If you are enrolled in Medicare and you have a Medigap policy, Medicare will pay its share of their approved amount for a covered heath care costs. Then your Medigap policy pays its share. Every Medigap policy must follow State and Federal laws designed to protect you, and it must be clearly identified as “Medicare Supplement Insurance.” Insurance companies can only sell a “standardized” plan identified by letters A through N. All standardized policy must offer the same basic benefits, no matter which insurance company sells it. Cost and Service is the only difference between policies sold by different insurance companies. Call us today so that our knowledgeable insurance consultants can give you the information to assist you with your decision on what Medicare Supplement will fit your needs.

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I have been with Petschauer Insurance for a long time. My account executive Lori Halloran is like family to me: she is always there when I need her and is very knowledgeable and understanding. I wouldn’t go anywhere else for my insurance needs.
Vincent Falcone
I have had the pleasure of working with various members of the Petschauer Team, both personally and professionally for 20+ years. And I couldn’t have done it without them. They go above and beyond. Heidi, Narima, Sherri and LuAnn don’t just bring to us the products they offer, they help me to understand the specifics and evaluate what makes the most sense for me, my family and my employees. I always feel I have a better understanding of an industry I have no understanding of so that I can evaluate the offerings in a smart way, cost effective way. They are proactive with renewals, allowing us the time to do our due diligence, evaluate our plans to be sure we’re properly covered and are always there to listen and help with special circumstances. Their kindness, caring and willingness to lend an ear when needed, really makes them stand apart from the rest. Heidi and her family have built a beautiful culture at Petschauer and I highly recommend them to anyone I meet.
Jamie Stedman-Novo
Spence-Chapin has had the pleasure of working with the wonderful John Petschauer, Inc. for 15+ years. They have always provided excellent service to us–with great knowledge, expertise, and patience — even in the most challenging situations. There has not been one time when they have not been immediately accessible to us, even at a moment’s notice. We thank them for their work and celebrate their 60th anniversary, while looking forward to working with them for another 60 years and beyond!
Spence-Chapin
Petschauer is great. I never had a problem.  They always call me back. Fabulous employees who are always willing to help.
Marty Bruno
My company has called on Petschauer Insurance for many years for its insurance needs: liability, liquor, auto, etc. Working with Erwin and his team has been a pleasure from beginning to present. They are quick to answer any question and provide sound advice. I have always felt that my and our needs are important to them, in theory and practice. They go the extra mile, and we continue to be well served.
Stephen Kennard from Canard Inc.
From the first time I spoke with Lori Halloran at Petschauer Insurance, I knew she was a special person. She is a woman that conducts herself professionally, with compassion and full knowledge of all types of insurance Petschauer has to offer. While speaking with her, as she explained and answered all of my questions, I felt like I was speaking with family…which is another way to describe this company. She has a way of making very confusing decisions so simple and easy to understand. I even added another insurance policy to my two renewal policies because of her. My last renewals could have been processed via mail but I really wanted to take the time to drive and meet this wonderful woman face to face. She greeted me with this huge beautiful smile, which matched her personality perfectly. So, I just had to go back another time just to say “Hi” and bring her flowers in appreciation for all her help and also celebrate a new friendship. The Petschauer “Family” has been there for me since my first policy when I was 19 years old, and now I’m a “senior”. I’ve been with them forever and don’t plan on going anywhere else. Thank you Lori for your dedication and to the rest of the Petschauer staff.
Jane Deitlein
Quality attentive service is hard to find, but at Petschauer Insurance that’s what you can expect from their always friendly staff . It’s what we’ve experienced for all these many years.
John from Forest Pork Store Inc.
I have been with Petschauer Insurance for over twenty five years. The staff is knowledgeable and professional. Petschauer writes both my personal and commercial insurance and they provide excellent counseling. I truly trust the firm and their staff. Thank you.
Mike Matonti
I have worked with various individuals at Petschauer and have found each to be responsive, courteous, and thoughtful. Each year, the contact for my auto policy proactively seeks new bids and has consistently saved me money on my policy.
Ryan Huber
Excellence in customer service and it’s a one stop shop for all my insurance needs.
Tom Haines