Affordable Life Insurance Protection for Your Family
Are you just married? If so, Congratulations!
Now may be the time for you and your beloved to consider life insurance for newlyweds.
Why? It’s simple. You just took lifelong vows to love and support one another. And life insurance is one way to show each other how much you love one another.
Life insurance can help to protect your wife or husband in case you die unexpectedly. We never know what the future holds, that’s why it’s important to plan for your family’s financial security.
It’s one of the promises you make when you get married – to
provide for each other. And life insurance can help you keep your promise.
What type of life insurance is best for newlyweds?
If you are just starting out as a couple, and planning on growing your family, you may want to consider term life insurance.
Why term life insurance?
Term life insurance gives you the most life insurance protection at the lowest cost.
And, term life offers flexibility to choose how long you need life insurance. So, if you want 30 year protection for your home mortgage, or until your kids will be grown up, then choose a 30 year level term life insurance policy.
Term life allows you to choose coverage for a period of 10, 15, 20 or 30 years. So, you only pay for the life insurance you need, while you need it.
And, you can choose renewable term life insurance, which gives you the option of renewing your term life policy for another 10 years, when your term life policy expires. That way, you have additional coverage for the future, in case you need it.
How does term life insurance work?
Term life insurance provides life insurance protection for a specific period of time.
The most common terms for term life are 10, 15, 20 or 30 years.
If you pass away during the term of your term life policy, your death benefit is paid free from federal income taxes to your spouse (beneficiary).
If you outlive your term, your life insurance ends.
Renewable term life insurance allows you to renew your term life policy for another term, usually 10 years.
Your rate at renewal will be based on your age at that time. However, you will not have to take a physical exam.
Do we have to take a physical exam to buy life insurance?
That depends on the life insurance company guidelines and how much life insurance you are buying, as well as, your age and health.
However, there is a life insurance company that offers up to $1,000,000 of life insurance with no health examination required, just some health questions.
You can get an instant life insurance quote and apply online for your no exam life insurance. If approved, you may start your life insurance today.
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