This is the place where you'll get up-to-date information on Term life online insurance, including money-saving tips, articles, company reviews and resources to help you learn about term life insurance.
Review a list of the Top 10 life insurance companies and compare free, instant life insurance quotes online.
I have some health issues, which life insurance carriers offer guaranteed approval life insurance coverage?
There are several insurance offering guaranteed coverage including Colonial Penn, United of Omaha, Vantis Life, Metlife and AARP/NewYork Life, among others.
However, there are differences among guaranteed issue companies, including pricing, amount of coverage available, and age requirements for acceptance.
Make sure you find out how long your rate remains the same, how long your coverage is guaranteed, and when you have full coverage for your policy.
Your policy's "term" is the set amount of time you have life insurance coverage at the same premium amount.
Typically, a term life insurance policy's "term" ranges from 10 to 30 years. However, some insurers offer level term premium for a period of 5, 10, 15, 20, 25 or 30 years.
Learn more about term life insurance coverage.
I don't have any dependents.
Do I still need life insurance?
Even without having any children or a spouse, you may have other family members to protect from things like unpaid debts or your funeral costs should you die.
Many single people also want to provide for their aging parents who might be relying on their children for financial support as they get older.
You can select anyone you choose as beneficiary of your life insurance, including your siblings or parents.
Learn more about life insurance with no dependents.
When it comes to finding the best insurance company for burial insurance it depend son the individual.
Some plans and companies offer better coverage at more affordable prices.
In addition, you'll want to consider:
1. How much insurance coverage is available?
2. How long your rate is guaranteed to remain level?
3. How long your insurance coverage will last?
4. When does full coverage begin?
5. Is there guaranteed approval?
6. What is the financial strength rating of the insurance company?
7. How long has the insurance company been in business.
There are several highly-rated insurance carriers that offer burial insurance plans, including Lincoln Heritage, Colonial Penn, Vantis Life, Metlife and United of Omaha, among others.
It may be a good idea to compare rates for coverage forms several insurers before selecting your burial plan.
Here's how to request a free quote for burial insurance.
Burial insurance plans provide the money needed to make sure your burial and funeral costs can be paid so your loved ones are not left with the financial stress of paying for your burial and funeral while they are grieving your loss.
You can buy burial insurance even if you have a health condition. There are guaranteed issue plans available that guarantee your approval.
For example, United of Omaha offers up to $25,000 of guaranteed burial insurance for people ages 45 to 85, and you cannot be turned down due to any health problems.
Here's how to learn more about burial insurance with pre-existing conditions.
What factors will affect the price I pay for my life insurance policy?
There are several key factors impacting your cost of life insurance coverage.
Your age, gender and health are critical to the rate applied to your policy.
In addition, the type and amount of life insurance coverage, as well as, your personal risk factors including your lifestyle, tobacco use, driving record, heigh-to-weight ratio, occupation, hobbies, and family health history affect your cost of life insurance.
The longer you are expected to live, the lower your price for life insurance.
Here's how you can instantly compare life insurance rates online.
The cost of a life insurance policy with no exam required will depend on you - your health, age and gender will impact how much your policy costs.
In addition, since there are no exams required, you will be asked to answer some health questions which will assist the insurer in determining your approval for coverage and how much you will pay.
Also, the amount of coverage and the length of term for your coverage will affect your cost of coverage.
The longer your term, the higher your premium. So, a 20 year no exam life insurance policy will have a higher premium than a 10 or 15 year term life policy with no exams.
Here's how you can request a free quote for no exam life insurance to find out how much your life insurance policy will cost.
It depends on your financial situation and goals.
Yes, both spouses may need life insurance to provide the financial protection and security you want for your family.
A life insurance policy usually only covers one person.
And in most cases, there would be a significant change in your family’s lifestyle if something happened to either you or your spouse.
A life insurance policy for each of you can help ensure that your family will be able to maintain their current lifestyle should one of you pass away unexpectedly.
Yes, life insurance companies will refund any premium deposit if you change your mind while your application for a life insurance policy is pending.
Also, after your receive your life insurance policy you can have a full refund under a 10 day free look period - some states require a longer free look period.
If, for any reason, you decide to cancel your life insurance policy after you paid for the policy, you can do that without any questions asked within the first 10 days after you have received your life insurance policy.
There are different rate classes for life insurance based on your health and height-to-weight ratio.
When calculating the exact life insurance rate for you, the life insurance company does take your weight into consideration.
There is a height to weight chart that insurers use which helps determine how weight affects the way insurance companies might judge your rating class.
People who are overweight or obese will pay a higher rate per $1,000 of life insurance coverage than someone of average weight for their height.
Here's how you can compare life insurance rates online.