Affordable Life Insurance Protection for Your Family
How to find an Affordable Life Insurance Plan
Which type of life insurance is most affordable?
The type of life insurance that costs the least is term insurance.
Term insurance is temporary coverage for 30 years or less. You can choose term life plans for a term of 10, 15, 20 or 30 years. The shorter the term (duration) of your policy, the lower the cost.
If you want to save money on your life insurance there are several tips you can follow:
When it comes to finding the most affordable insurers, it depends on your risk factors. For instance, some insurers are more competitive for diabetics, while other insurers offer better pricing for smokers or people over 60.
That’s why it’s important to compare prices from several insurance carriers to help you find the insurer that offers you the most affordable policy based on your personal risk factors.
There are several factors that impact how much you pay for your life insurance. Each of these factors affects how long you are expected to live.
Life insurance risk factors include your age, gender, lifestyle, tobacco use, driving record, health, height-to-weight ratio, and family health history.
The younger and healthier you are when you buy your life insurance plan, the more affordable your coverage.
A term life insurance policy offers the lowest prices for seniors. And, the shorter your term for coverage the lower your cost. So, a 5-year term life policy would cost the least for a senior.
Haven Life offers very competitive pricing on no exam term life insurance policies.
With Haven Life you can choose coverage for a term of 10, 15, 20 or 30 years. They offer affordable rates and you can start your life insurance coverage today if you qualify.
You can request a free price quote, apply safely and securely online and get covered today – there’s no medical exam, just some health questions.
Top Pick – JRC Insurance Group
JRC Insurance Group helps you shop, compare and save on life insurance. Regardless of your age or health background, we'll shop our 40+ insurance companies and find you affordable life insurance you need to protect your family and fit your budget. Compare the best life insurance rates for savings up to 73%. Get Your FREE Quote
Highly Recommended – Haven Life Insurance Agency
Haven Life uses the information provided in your application to make an instant decision on your application. Healthy, qualified applicants (based on the information provided in your life insurance application) can be insured immediately with no medical exam while other applicants can receive immediate coverage pending a medical exam.
Applicants age 60-64 are eligible to apply for up to $1 million in coverage; subject to underwriting approval.
Some qualified applicants (U.S. citizens up to the age of 59) will be able to finalize coverage without the need for a medical exam. The majority of applicants are still required to take a medical exam.
Keep in mind: Issuance of the policy or payment of benefits may depend upon the answers given in the application and the truthfulness thereof.