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.
Why does it make sense to buy life insurance?
There are several very good reasons many people choose to purchase life insurance coverage.
Whether you think about it or not, all of us will die one day.
And, if you have a family, anyone who relies on you for financial support, life insurance can help provide financial security for those people after you're gone.
Many people choose to buy life insurance for one or more of the following reasons:
1. To pay off mortgage loan.
2. To provide for your child's education.
3. To Maintain your family's lifestyle.
4. To pay off your family's credit cards or other debts.
5. To provide for your family's living expenses.
No matter what the reason, life insurance can provide you with the peace of mind knowing your loved ones will be financially secure should you die.
Is there any life insurance you can buy online?
Yes, in fact, several insurers now offer consumers the option to apply online for life insurance coverage.
And, if you qualify, you may be able to start your life insurance policy the same day.
Give your child, children or grandchildren a lifetime gift - The Young American Plan.
The best time to start life insurance for your child is when they are young and in good health.
A serious illness or injury could make insurance very expensive or even unavailable in the future.
The Young American Plan is underwritten by Globe Life and Accident Insurance Company. They are rated A+ Superior for financial strength by A.M. Best.
Regardless of your child's future health, occupation, military service or hazardous activities, the Young American Plan will protect your child's ability to be covered by life insurance in the future.
What are the top rated life insurance carriers in the USA?
If you're looking for the best companies for life insurance you'll want to review the AM Best financial ratings of the leading life insurers.
AM Best issues financial strength ratings of insurers based on their independent review of the financial statements of the insurance companies.
The highest rating issued by AM Best for life insurance companies is A++ Superior.
In addition, each year the III.org issues a list of the leading life insurance companies that have issued the most individual life insurance policies for the previous year.
If you're shopping for a life insurance policy you may be looking fir the best deal offering the most protection at the lowest price.
That's understandable - None of us wants to spend more than we have to, especially if we are on a budget.
When it comes to life insurance, Term Life Insurance offers the lowest pricing for protection.
Whole Life usually costs up to 5 to 10 times more for the same amount of life insurance, compared to the cost of a Term Life insurance policy.
There's a few reasons for this.
Term life is temporary, lasting for up to 30 years.
Term life is Pure Protection, no investment feature.
There is no cash value in a term life policy, there is only a death benefit.
And, you may outlive your life insurance with a term life plan.
However, if you need life insurance for a period of 30 years or less, then term life offers the cheapest life insurance by far.
Yes, it is possible tp purchase a life insurance policy if you are over eighty years old.
However, some insurers may not offer life insurance to people over 80.
In addition, some insurers may only offer guaranteed issue life insurance plans to people over 80.
Guaranteed issue life insurance may be available for people ages 45 to 85.
It guarantees your acceptance for life insurance if you meet the age requirements for approval, and you can pay the premiums.
Actually, not all life insurance carriers offer as little as $20,000 of life insurance protection.
Most start at $50,000 for a minimum amount of term life insurance coverage.
The cost of your life insurance will depend on your age, gender, health, and the type of coverage - Term or Permanent.
In addition, other personal risk factors will impact the price you pay for life insurance, including your lifestyle, tobacco use, occupation, hobbies, driving record, etc.
The younger and healthier you are when you purchase your policy, the lower your cost of life insurance.
There is one highly-rated insurance company that offers $20,000 of term life insurance you can apply for online today.
You can request a free, instant life insurance quote right now.
Yes. There are funeral insurance plans available with no medical examination needed.
In fact, you may buy a guaranteed issue funeral expense life insurance policy without any exams or health questions asked.
Guaranteed Issue means you cannot be turned down for coverage if you meet the age requirements - for example, if you are between the ages of 45 to 85.
These plans offer a limits amount of insurance, usually, from $3,000 up to $20,000.
Can seniors over 80 years old get life insurance with guaranteed approval?
Yes. Depending on your age, budget, and the state in which you live, you may be able to get guaranteed issue life insurance if you are over 80 years old.
For example, one highly-rated life insurance carrier offers guaranteed approval life insurance for people ages 45 to 85.
There's no medical exam required and you won't have to answer any questions about your health.
You can even get insured if you have been denied coverage by other insurance carriers.
Keep in mind, guaranteed life insurance has graded (limited) death benefits the first two years you are insured.
How much are rates on 30 year term life insurance policies?
That depends. The rate per $1,000 of term life insurance will vary based on your age, gender, and health.
In addition, your personal risk factors affect your rate for life insurance including your lifestyle, tobacco use, occupation, hobbies, height-to-weight ratio, driving record, and family health history, among other things.
The younger and healthier you are when you purchase coverage, the lower your rate.
The quickest and easiest way to find the most affordable rate on 30 year term life plans is to request and compare instant term life quotes online from several of the leading life insurance carriers.
There's no hassles and no obligation.