Best Life Insurance to Buy

What is the Best Life Insurance to Buy?

If you’re looking for life insurance you may be wondering which type is best for you.

The two basic types of life insurance are Term and Permanent.

Term life insurance is temporary coverage for a set period of time. Term life plans offer coverage for 10, 15, 20 or 30 years.

Permanent life insurance is lifetime coverage and may build up cash value inside the policy. Permanent life insurance costs a lot more than term life insurance. 

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Which type of life insurance is best to buy?

That depends on your own specific situation and what goal you want your life insurance plan to accomplish.

 

Term life insurance may be a good option for you if you need: 

  1. Life insurance for 30 years or less.
  2. The most life insurance at the lowest cost.
  3. Flexibility to choose coverage for 10, 15, 20 or 30 years.

 

Who buys term life insurance?

Many people choose to purchase term life insurance including young families, new homeowners, and people on a budget.

 

Permanent life insurance may be a good option for you if you need: 

  1. Lifetime life insurance protection.
  2. Guaranteed level rates for your entire life.
  3. Life insurance that will build cash value inside the policy from which you may take a loan.

 

Who buys permanent life insurance?

Many people buy permanent life insurance if they have a need for lifetime life insurance coverage and can afford the premiums to purchase a policy.

 

Do people buy both term life insurance and permanent life insurance?

Yes, many people choose to purchase both types of life insurance.

Why? Because a term life insurance policy can provide the short-term coverage needed at a lower cost, while a permanent life insurance policy can provide for final expenses.

 

Life Insurance Quotes

 

Top Pick –  Wholesale Insurance

Compare the best life insurance quotes from 40 of the leading life insurance companies in less than 2 minutes! Save up to 73%. Get up to $400,000 of life insurance with no physical exam required. Request your free quotes for life insurance.

  

Highly Recommended – United of Omaha

United of Omaha offers guaranteed acceptance whole life insurance for people age 45 to 85. Choose $3,000 up to $25,000 of coverage. Rates start as low as $8.80 per month. There’s no medical exam and no health questions. You cannot be turned down. You can get a quote and apply online now. START HERE to get a FREE Quote.


Highly Recommended – Globe Life Insurance

$1* Buys $100,000 Globe Life Insurance

•  Coverage for Adults or Children

•  No Medical Exam. Just a Few Y/N Health Questions

•  Free Information. No Phone Required. No Waiting

Buy Direct. Monthly Rates as low as $3.49 for Adults/$2.17 for Children.



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Best Life Insurance to Buy


 


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