Online Life Insurance Rate Quote
How to Request Online Life Insurance Rate Quote Comparisons
Term Life Insurance provides temporary coverage for a specified length of time from 1-40 years.
The most common terms for coverage are 10 year, 15 year, 20 year and 30 year term life insurance.
Level term life insurance offers you premiums and life insurance coverage that stay the same each year for the entire term of your life insurance policy.
|It's Fast, Easy and Affordable.
Get a Free Quote for Life Insurance
- Save up to 73% on Life Insurance
- Get Excellent Rates from Top Carrier
- Fast & Easy Application
- Secure Quote Form
- You buy a 10 year level term policy with $100,000 of coverage for $350 annual premium - You would pay $350 each year for 10 years, and if you die during that time, your beneficiary would receive $100,000.
Benefit of Level Life Insurance
One of the most common worries among people looking for life insurance is the fear that their premiums will increase each year or the annual renewal rate will not be affordable forcing them to cancel their policy.
The fear of the unknown financial cost of a life insurance policy stops many people from getting the benefits of life insurance. What many people don’t know is that there are policies with level premiums. Level term life insurance allows people to budget for their life insurance without having to worry about changing rates.
How Level Premium Life Insurance Works
Term life insurance is set up so you have life insurance for a specific period of time, usually 10, 15, 20, or 30 years. With a term life insurance policy, you will need to renew the policy every year, which means you have to pay a fee. This also means that your premiums may changes over time over the course of your term.
The benefit of level premium insurance is the policy premium stays the same each year for the entire term of your policy.
For example, if you have a 15-year term level life insurance policy, your premium will never change for 15 years. This way, you know what to expect and will not have to worry about increases you cannot afford.
Once your term is over, you will need to renew, or purchase a new term life insurance policy, which means your premiums may be higher from what you paid for your first policy. This is especially true if your health has changed which could affect the policy terms. However, you will still be able to continue having life insurance with the peace of mind of level premiums throughout your term life insurance policy.
Top Pick – Wholesale Insurance
Answer one form and you'll get the best life insurance quotes from 40 of the leading life insurance companies. Save up to 73%. Request your free quotes for term life insurance.
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.
Copyright 2017. All Rights Reserved.