Affordable Life Insurance Protection for Your Family
Choosing the Right Type of Life Insurance
Are you shopping for life insurance protection?
If so, you may be wondering which type of policy will best meet your needs – Term or Whole life insurance.
When it comes to life insurance choosing the right plan is the most important decision you will make to guarantee your loved ones have the protection they need when they need it, and remain within your family’s budget.
It makes no sense to buy a life insurance policy you can’t afford to keep should your finances change, and then you are left without financial security for your family when they need it most.
That’s why your budget – How much you can afford to spend each month on your life insurance – is a very important consideration when choosing the right plan.
Key Issues to Consider
Benefits of Term Life Insurance
If you need protection to last until the house is paid off, the kids are out of college, for a duration of thirty years or less, term life can help.
If you need the largest amount of protection to fit your budget, then term life may be a good option for you.
Benefits of Whole Life Insurance
If you need life insurance that is guaranteed to last no matter how old you live to be, then permanent (whole) life insurance may be the right option for you.
Examples of Life Insurance Needs and the Best Fit for Coverage
Term life insurance may be a good fit for the following situations:
Whole life insurance may be a good fit for the following situations:
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
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.