Affordable Life Insurance Protection for Your Family
If you shopping for affordable life insurance you may be searching online for a term life insurance policy to protect the ones you love and fit your budget.
How Can You Find Term Life Insurance Plans Online?
First, let’s review what term life is and how it works.
Term Life Insurance Explained
Term insurance is a type of life insurance policy that provides temporary protection lasting for a set period of time, usually up to 30 years.
You may select a policy term of 10, 15, 20, 25 or 30 years of coverage and a guaranteed benefit.
Coverage usually starts at a minimum of $50,000 up to $2,000,000 or more, and premiums are level for the initial policy term.
Once past the level premium period, premiums will increase annually, unless your coverage expires after the initial policy term.
Some term life plans may be guaranteed to renew up to age 95 and are convertible to a permanent life insurance policy regardless of health, subject to age limits.
Example: 10 Year $250,000 Term Life Plan
You are insured for a period of 10 years. If the insured person dies during that 10-year period, the death benefit is paid out to the beneficiary of the policy. The owner of the insurance plan selects the beneficiary.
If the insured person is alive when the 10-year term ends, there is no death benefit payout and the coverage expires.
Types of Term Life Insurance
There are several different types of term policies you may choose from, including the following:
Term Life Insurance Tips
You probably wondering how you can save money on your term policy.
If so, here are some helpful tips to get the most affordable term life coverage:
Tips for Comparing Term Life Quotes:
NOTE: Life insurance quotes are Free. This is no charge to compare pricing on term life policies.
NO Exam Option: Yes, you may be able to purchase a term life policy without having to take any health examination. Today, more and more people are choosing to purchase their life insurance direct online without taking a medical exam. And, rates for no exam term life plans can be affordable compared to those policies that do require a physical.
What Do Comparisons for Term Life Premiums Provide?
When you request comparisons quotes for term life you receive multiple quotes from several different life insurance companies which usually provide the following information:
In addition, the quote providers have a phone number and email address available for providing assistance with understanding your life insurance quotes and helping you to apply for your life insurance policy.
How to Save Money on Life Insurance
There are several tips you can use to help you get more affordable life insurance premiums on your coverage.
What are the Benefits of Comparing Multiple Term Life Insurance Quotes?
There are several benefits to comparing life insurance quotes online, including:
Tips for Comparing Life Insurance Quotes
Keep in mind when comparing your quotes for life insurance from several insurers make sure you consider not only the lowest prices, but how long the insurer has been in business and their financial strength rating.
Also, after reviewing your price quotes you may want to contact your family members and friends to ask if they have any experience with the life insurance carrier you are considering buying your life insurance policy from – they may have a policy with the insurer and know whether or not the insurance company is good and provides good customer service.
When shopping for your life insurance policy make sure you consider how long you will need protection (how many years) and how much you can afford to spend each month on your life insurance plan.
Why Compare Rates with JRC Insurance Group?
JRC Insurance has helped over 100,000 American families find affordable protection from quality life insurers over the last 10+ years.
JRC Insurance has a network of top carriers including Prudential, Metlife, Fidelity Life, Transamerica, Mutual of Omaha, Lincoln Financial, and American General, among others from which you can shop and compare plans and prices.
They also have licensed professionals available by toll-free phone or email to assist you in learning all about your options for life insurance and how the buying process works, including how to prepare for a medical exam, as well as, providing you with answers to any questions you may have about life insurance terms and coverage.
How to Get Term Life Quotes
The process of comparing quotes is quick and easy, and there’s absolutely no obligation.
Three Simple Steps
Term Life Insurance Quotes
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.