Call Us Today:
310.736.2863

Individual Life Insurance

Peace of Mind for you and your Loved Ones

ISU Bob Gabriel Company Insurance provides life insurance to individuals in Santa Monica, Beverly Hills, Culver City, Pacific Palisades, Long Beach, Malibu, and surrounding areas.

Individual Life Insurance

Many individuals consider life insurance to be the cornerstone of a sound financial plan. And while no one likes to think about passing on, Life Insurance can relieve you of the financial worry your loved ones may face in the event of your passing. 

Your beneficiaries will be able to use your Life Insurance policy to help pay for anything from expensive funeral costs and estate taxes to making up for lost income or funding your child’s education. It can even be used to continue payments on your mortgage to help ensure that the family home stays in the family.

At ISU Bob Gabriel Company Insurance, we know that choosing a Life Insurance plan is a big decision with many important factors to consider. Our knowledgeable team of insurance professionals is committed to walking you through the process and providing you with the best insurance solution to give you and your family the peace of mind you deserve. 

Types of Individual Life Insurance

ISU Bob Gabriel Company Insurance offers several different coverage options for your consideration: term life, whole life, universal life, and variable life insurance.

Term Life – This is typically the simplest and least expensive insurance option. Term life insurance provides coverage at a fixed rate for a specified period of time. It is a benefit policy that is used primarily to cover financial responsibilities of the insured, with the benefit to be paid only if the insured were to die during the specified term. Most term life policies can be converted to a more permanent insurance solution such as whole life, variable life, or universal life insurance.   

There are two types of term life insurance: 

  • Annual Renewable Term is purchased for a period of one year, with the death benefit to be paid only if the insured were to die during that one-year term, along with the option to renew after the term period.
  • Level Term Life guarantees a fixed premium for a given period of time, usually in terms of 10, 15, 20, or 30 years. Your premium is based on your age and coverage options, with longer terms being more expensive.?

Whole Life – As the most common type of permanent insurance, a whole life policy guarantees a death benefit for the lifetime of the insured as well as a cash value account for savings. Your premium remains constant throughout the duration of the policy while payments over and above your premium are credited to your savings, which earn a fixed rate of interest. 

Universal Life – Universal life policies are designed to be more flexible than other permanent Life Insurance. You are still guaranteed a death benefit for the duration of the policy as well as savings that accumulate cash value, but the flexibility of a Universal Life plan allows you to change certain aspects of your plan to accommodate life changes. 

Depending on your options, you have the flexibility to change the overall value of the death benefit as well as the time and amount in which you pay your premium. This gives you the option to focus on building your policy’s cash value, or pay a lower premium and focus on guaranteed protection. It is important to note that changes to your universal life policy can affect its guarantees and limits.

Variable Universal Life - With a variable universal life (VUL) Insurance policy, you get the same flexible benefits of Universal Life while being able to take advantage of potential economic growth in the stock market. Instead of creating a cash value for savings, the value of your VUL policy is invested in professionally managed funds that reflect the performance of the stock market. This also means that as the policy owner, you assume the risk and responsibility of monitoring your own investments.

ISU Bob Gabriel Company Insurance is here for you

There are many things to take into account when purchasing life insurance, and changes in your life situation can reflect changes in your insurance requirements. That is why it is important to carefully consider the different policy options and ensure that you have the right solution to meet your long-term life insurance needs. 

An insurance specialist with ISU Bob Gabriel Company Insurance will review your current life insurance situation and help you design a policy to plan for the future. 

At the end of the day, one of the biggest investments you can make is an investment in yourself. 

 

Our Location

ISU Bob Gabriel Company Insurance

2325 Wilshire Blvd.
Santa Monica, CA 90403
Main office: 310-736-2863
Toll free: 800-432-9198

Our Providers

Testimonials

I had the pleasure of doing business with R.J. Laguda at Bob Gabriel Insurance. He is very knowledgeable about insurance companies/policies and made sure I had exactly what I need. Highly recommend this Company and their staff.
Diana B.
I have had a wonderful experience working with Carol Hirahara at Bob Gabriel. She goes out of her way to provide excellent customer service and research the best rates around. She also makes it easy to compare policies and prevents you for paying for things you don't really need. She responds to questions quickly and has made shopping for auto and renters' insurance a breeze.
Gabrielle H.
" ..Honored as the Business of the Year for the 28th Senate District and In Appreciation of Your Commitment to providing Outstanding Customer Service and Your Extraordinary Dedication to Community Involvement."
The California State Senate
Thanks ,Bryan, Pat, Susan and staff for making sure my professional and personal insurance needs were met. I wish i came to you sooner!
Mark G. Esq.
I can't say enough positive things about the staff at Bob Gabriel Co., The service was outstanding, they took care of me like family. Thanks Pat, Susan and Bryan!
Jim P.
As a business owner, every penny counts. Not only did Bob Gabriel Co. place me with a great company, i saved money on all my Business policies and they corrected the mistakes my past agent had previously made. Thank You!
Paul A.
I have been with Bob Gabriel Co, for 10 years. I love that they are a community staple for so many years, they treat me like family, there knowledge and expertise is second to none, and i always feel looked after. If i ever need anything there is always someone there to help. The owners, Pat and Susan are wonderful to do business with.
Paula G.
Bob Gabriel sold me my first house in 1964. At that time his firm began to cover that house and my cars. Bob also mentored me to become acquainted in how Santa Monica worked and get involved in community service. I was proud to sponsor him into the Rotary Club of Santa Monica. The same level of service has survived his passing by his daughter, Susan Gabriel Potter and her capable staff. ISU Bob Gabriel Insurance will continue to handle my insurance needs for many more years. I am proud to honor a 46 year relationship.
Bill C.
Ken and I just wanted to thank [Louise Mucha]. [Louise] has been organized, helpful, reliable and kind while figuring out our insurance policies, and we are so grateful. In the past 6 months we have dealt with so many people who don’t put their clients first, and it was so nice to have [Louise] checking in and taking care of everything so expertly and efficiently. Thanks again!
Ken & Laurie V.