Affordable Life Insurance Protection for Your Family
This is the place where you'll get up-to-date information on Term life online insurance, including money-saving tips, articles, company reviews and resources to help you learn about term life insurance.
The premium or price you pay for your burial insurance policy will depend on several factors, including how much insurance you need.
In addition, your rate per $1,000 of burial insurance is based on several risk factors including your age, gender, tobacco use, state of residence, and health, among other things.
You can find out how much burial insurance will cost by visiting an insurance website that offers burial insurance and requesting a free quote by filing out a Quote Request Form.
It only takes a minute to request your free burial insurance quote online today.
How long do you need life insurance protection?
When choosing your term life policy, it's important to determine how long you really need your protection to last.
In order to determine that, you'll want to consider what girl you want your life insurance to accomplish, and how long you need your life insurance coverage to last in order to accomplish that goal.
Whether your need is for 10 years, or up to 30 years, you have options to choose from with term life insurance policies.
What are term life insurance quotes?
A term life quote is an estimate of how much your term life insurance policy will cost.
You can compare free quotes for term life insurance by visiting a life insurance website and filling out a Quote Request Form.
Once completed, you instantly see the lowest prices for term life insurance on your screen. Quotes are provided by a network of leading life insurance carriers.
You can compare pricing for different types of life insurance policies at different amounts of life insurance coverage.
Can you extend your term life insurance coverage?
Yes, it's called renewable term life insurance, which allows you to renew your current policy for a period of up to 10 years.
However, if you choose to renew your coverage, your renewal term life policy will cost more. The new premium will be based on your age at time of renewal.
But, you will not be required to take a medical exam to qualify for the real policy.
Yes, a person may purchase life insurance on his or her wife.
You have an insurable interest in your spouse, which is required in order to buy life insurance on someone else.
That means, a husband can buy life insurance on his wife, or a wife may buy life insurance on her husband, or a partner may insure the life of his or her partner.
Many people buy life insurance on their wife to make sure the family is protected in case the wife dies unexpectedly.
Life insurance can provide financial security for your family in case you pass away and are no longer there to provide for your family.
How long does term life insurance last?
The duration of a term life policy will depend on the "Policy term" you select when you purchase your coverage.
Usually, term life lasts up to 30 years; however, you may be able to select a policy term of 10, 15, 20, 25 or 30 years, depending on your age and health.
The policy term should be in line with your need for coverage to meet your goal of what you want your life insurance policy to accomplish; such as, a 30 year term policy to protect your 30 year home mortgage loan.
Can I buy a term life insurance policy without taking a medical exam?
Yes. And, you can compare no exam term life insurance quotes online by visiting a life insurance website and requesting your free quote.
Some insurers offer up to $500,000 of coverage with no exam, while one highly-rated insurer offers up to $2,000,000 of no exam life insurance coverage.
What is the difference between whole life insurance and term insurance?
Whole life insurance provides lifetime protection, builds cash value inside your policy from which you may take a loan, and pays out a death benefit upon the death of the insured.
Also, whole life usually costs up to 5 to 10 times more than the same amount of term life insurance.
Term life offers temporary life insurance protection lasting up to 30 years.
The "Term" is the duration of how long your life insurance policy lasts.
You may choose a Policy Term of 10, 15, 20, 25 or 30 years, depending on your age.
If you pass away during the policy term, the death benefit is paid out to your beneficiary. If you outlive the policy term, there is no payout of any benefits, and your coverage ends.
That's why term life insurance is so much cheaper than whole life insurance.
What is the average cost of a life insurance policy?
There is no one right answer for the average cost of a life insurance policy because the price for life insurance may vary based on your gender, age, type of life insurance, amount of coverage, insurance carrier, and other factors used to determine your rate for coverage.
There may be an average amount of life insurance people choose to buy, but the cost will vary based on the factors mentioned above, which vary by person based on your specific needs and risk factors.
You can find out your average cost for a particular type of life insurance policy by requesting free life insurance quotes online and comparing the pricing.
Yes, there is life insurance available for seniors age 50 to 85 years old.
In fact, one highly-rated life insurance company offers guaranteed acceptance whole life insurance for people ages 45 to 85 years old.
Guaranteed acceptance means you cannot be turned down for coverage if you meet the age requirements for approval.
Also, with guaranteed acceptance there is no medical exam required, and you won't have to answer any questions about your health.
Even if you have a pre-existing medical condition, you can get insured for life insurance.