Affordable Life Insurance Protection for Your Family
Do you want to buy term life insurance?
If so, you may want to learn about how you can find the best price from the highest rated term life insurance companies.
First, you want to decide what type of term life insurance to buy, level term or decreasing term.
Term life usually costs 2-3 times less than permanent life insurance, and can provide guaranteed rates for up to 30 years. Level term gives you level rates and coverage for the length of your policy. While decreasing term has level rates but the amount of life insurance decreases each year. That’s why around 97% of term life policies sold are Level term life insurance.
How long do you need term life insurance?
If you need it for a period of 1-30 years, then level term life may offer the most affordable option for you.
Do I have to take a medical exam?
When you buy term life insurance most life insurers will require a full medical exam, including an EKG and blood tests, in order to qualify for a $250,000 life insurance policy. However, some insurers may only require a paramed exam where an examiner comes to your home or office to check your blood pressure, draw some blood, and ask you some health questions. The medical exam is paid for by the insurance company.
When comparing your term life insurance quotes for your life insurance policy, make sure you consider the following:
Top Pick – 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.
Highly Recommended – Sagicor Life Insurance
Buy up to $500,000 of life insurance with no medical exam required. People age 20 to 65 may qualify for coverage. Rated "A-" (Excellent) by AM Best for financial strength. Sagicor Life was founded in 1840. Get your free life insurance quote now.
Highly Recommended – Globe Life Insurance
Get FREE Information on how $1* Can Buy Up To $100,000 Globe Life Insurance for Adults or Children