Affordable Life Insurance Protection for Your Family
Are You Shopping for a Term Life Insurance Policy?
If so, you’ve come to the right place. We can help you learn about term life and how it works, review options for saving money on your term insurance policy, and compare pricing from several of the leading life insurance companies in America.
What is Term Insurance?
It’s a type of insurance policy that provides you with temporary life insurance protection lasting for a period of up to 30 years.
What are My Options for How Long My Term Life Policy Can Last?
Depending on your age and your health, you may be able to choose a "Policy Term" (Duration) lasting for a period of 10, 15, 20, 25, 30, 35 or 40 years.
How Does Term Life Work?
Term life insurance provides you with temporary life insurance for a specific number of years. You can choose coverage for a "term" of 10, 15, 20, 25 or 30 years.
Term life builds no cash value inside the policy, it is not an investment, it is "Pure Protection", paying out a death benefit upon the death of the insured person. Term life usually costs 2 to 3 times less than permanent life insurance.
Term life is the lowest cost type of life insurance policy available.
Term life policies pay the beneficiary the face amount of the term life policy if the insured person dies during the term of the policy.
For example, a 15-year term life policy with a face amount of $350,000 would pay $350,000 to your beneficiary if you die any time during those 10 years the insurance policy is "In Force".
If you're alive at the end of the policy term, the coverage ends with no payout.
What is The Most Affordable Type of Term Insurance Policy?
Level term life insurance, which is the most popular type of term policy, offers the lowest rates for life insurance coverage provided by a temporary (term life) plan.
How Can I Save Money When Buying Term Coverage?
There are several tips you may wish to use in order to lower the cost of your temporary (term) life insurance coverage, including but not limited to the following:
Can I Buy Term Life without taking a Physical Examination?
Yes, if you qualify for coverage, you may purchase a no exam term life policy. Usually, people of average health or better, between the ages of 20 to 60, may qualify for this type of term policy.
Can I Buy a Term Life Plan Online?
Yes, if you qualify, you may purchase your term policy over the internet.
Can I Start My Life Insurance Coverage Today?
Yes, if you qualify you may begin your life insurance coverage today, by applying for and buying an instant issue term life policy.
How Can I Compare the Best Rates for Life Insurance Coverage?
The quickest and easiest way to compare the best (lowest) pricing for term policies is to request a free term life quote comparison online by visiting a life insurance website and filling out a Quote Request Form.
Then, you just click on a button and instantly see the lowest pricing available from several of the leading life insurance carriers, based on your specific information.
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.