This site is operated by a third party, not by Costco. Use of this site (and any destination sites you reach through this site) is subject to the site's Terms of use and Privacy Policy, rather than those of Costco.
Welcome to the CBC Health Insurance
Marketplace for Costco Members

Affordable Life Insurance for Individuals & Families

Protect what matters most—because your family's future deserves security that lasts. Enter your zip code below to get a free Life Insurance quote.



Get A Quote 
See How We Can Make a Difference For You...

 

What is a Life Insurance Plan?

Life insurance is a contract between an individual (the policyholder) and an insurance company, where the insurer agrees to pay a specified sum of money, known as a death benefit, to the policyholder's designated beneficiaries upon the policyholder's death. In exchange, the policyholder pays regular premiums to maintain the coverage. The primary purpose of life insurance is to provide financial protection and support to loved ones in the event of the policyholder's death.



Benefits of Life Insurance

woman on computer icon

Financial Security for Loved Ones:

Life insurance ensures that your family or dependents are financially supported in the event of your death. The death benefit can help replace lost income, allowing your loved ones to cover living expenses, pay off debts, or maintain their standard of living.
Family icon

Coverage of Final Expenses:

Life insurance can cover funeral costs, medical bills, and other end-of-life expenses, preventing your family from bearing the financial burden during a difficult time.
Cost Savings icon

Debt Protection:

Life insurance can help pay off significant debts such as a mortgage, student loans, or other personal loans, ensuring that these financial obligations don’t fall on your family after you’re gone.


 

 

life insurance umbrella wooden block being held over home, heart, family and car wooden blocks

What are the Key Features of Life Insurance?

  • Death Benefit
    The amount of money that will be paid to the beneficiaries upon the policyholder's death. This can be used to cover funeral expenses, pay off debts, or replace lost income for the family.
  • Types of Life Insurance
    • Term Life Insurance: Provides coverage for a specified period (e.g., 10, 20, or 30 years). If the policyholder dies within the term, the death benefit is paid to the beneficiaries. If the policyholder outlives the term, the coverage ends, and no death benefit is paid. Term life is generally more affordable and straightforward.
    • Whole Life Insurance: Offers lifetime coverage with a savings component known as cash value. Over time, the cash value grows and can be accessed by the policyholder during their lifetime. Premiums are higher than term life insurance, but the policy does not expire as long as premiums are paid.
    • Universal Life Insurance: Provides flexible premiums and coverage amounts, along with a savings component (cash value). The policyholder can adjust the death benefit and premium payments as their financial needs change.
  • Premiums
    These are the payments made by the policyholder to the insurance company to keep the life insurance policy active. Premiums can be paid monthly, quarterly, annually, or as a one-time lump sum, depending on the type of policy.
  • Beneficiaries
    The individuals or entities (such as family members or charities) designated to receive the death benefit upon the policyholder's death.
Shop Individual Life Insurance

Why Get Life Insurance?


  • Income Replacement: Life insurance ensures that your family has financial support to replace lost income in the event of your death.
  • Debt and Expense Coverage: The death benefit can be used to pay off debts, including a mortgage, personal loans, or credit card debt, as well as to cover day-to-day living expenses.
  • Final Expenses: Life insurance can help cover funeral costs, which can be a significant financial burden on surviving family members.
  • Legacy Planning: It can be used to leave an inheritance, donate to a charity, or create a financial legacy for children or grandchildren.

In essence, life insurance provides peace of mind, ensuring that your loved ones are financially protected if you are no longer there to provide for them.

 

Shop Life Insurance Plans
photo of HealthCare Team Customer service representative

 

 

Life Insurance FAQs


Can’t find the answer to your question?
Give us a call at (855) 332-3821, click on the chat widget or send us an email
Get Started on a Quote

 


Contact us at (855) 332-3821 to speak with a
representative or to access to our language line.

All written materials from Qualified Health Plans
(QHP) can be translated and made available from QHP issuers.


Privacy Policy | Terms of Service | Data Requests | Interest-Based Ads | Sitemap | Accessibility
Copyright © 2025 CBC. All Rights Reserved.
All insurance products are sold by Custom Benefit Consultants, Inc., Ken Bahl, NPN: 4579133

 

Site Map:


Large Business

Large Business Solutions and Quoting

Benefit Design and Procurement

Advanced Administration Solutions

Case Studies

Small Business

Small Business Marketplace

Level Funded Advantage

Dedicated HealthCare Team

Costco Value

Small Business Medical Insurance

Small Business Dental Insurance Plans

Small Business Vision Insurance Plans

Small Business Life & AD&D Insurance Plans

Small Business Disability Insurance Plans

ICHRA Health Insurance Plans

Individuals & Families

Individual Medical Insurance

Individual Dental Insurance

Individual Vision Insurance

Individual Accident Insurance

Individual Critical Illness Insurance

Individual Hospital Indemnity Insurance

Individual Life & AD&D Insurance

Individual Short Term Medical Insurance

Medicare

Do I Qualify?

Information & Resources

Health News

Ameritas Programs

BCS Programs

Regence Programs

Insurance Term Glossary

Qualifying Life Events

Healthcare Reform

 

Need Language Assistance?


Spanish / Español
Russian / русский

Polish / Polskie

Japanese / 日本語

Chinese / 中文

French Creole-Haitian Creole / Franse - Kreyòl

Portuguese / Português

German / Deutsche

Vietnamese / Tiếng Việt

Arabic / العربية

French / Français

Persian-Farsi / فارسی

Korean / 한국어

Tagalog-Filipino

Italian / italiano

More Languages...

 

 

 

Attention: This website is operated by Custom Benefit Consultants, Inc. and is not the Health Insurance Marketplace website. In offering this website, Custom Benefit Consultants, Inc. is required to comply with all applicable federal law, including the standards established under 45 CFR 155.220(c) and (d) and standards established under 45 CFR 155.260 to protect the privacy and security of personally identifiable information. This website may not display all data on Qualified Health Plans (QHPs) being offered in your state through the Health Insurance Marketplace website. To see all available data on QHP options in your state, go to the Health Insurance Marketplace website at HealthCare.gov.


Costco Insurance Agency, Inc. is a licensed insurance agent. Insurance plans are offered by licensed insurance companies or health maintenance organizations. Health insurance plans on the CBC Health Insurance Marketplace for Costco members are brokered and /or serviced by CBC Benefit & Insurance Services; CA License #: 0D75486 and Costco Insurance Agency License #: 0D08407. Costco Insurance Agency does not underwrite insurance or pay claims.


If you would like assistance in another language, please visit Healthcare.gov or contact us at (888) 566-4639 to access our language line.


All insurance products are issued by licensed insurance companies and made available to applicants through Costco Insurance Agency, Inc., which receives a commission from insurers to distribute these products. Your insurance policy, not the information on this site, determine the applicable terms and conditions of the insurance product. Neither Costco Insurance Agency, Inc. nor its affiliates guarantee the services of any insurance company.


L0317492651[exp0418][All States]