Affordable Life Insurance Protection for Your Family
Do you want to find
the lowest term life insurance quotes?
If so, you’ve come to the right place. In just 2 minutes you can receive the five lowest rates for term life insurance from a network of more than 100 leading life insurance companies. It’s quick, easy, and there’s no obligation to buy.
You just fill out a short quote request form and instantly receive your term life rate quotes. Your quotes will show you the name of the insurers, their financial strength ratings, the premiums quoted, and the amount of life insurance offered.
If you like your quotes you can request an application for life insurance coverage.
If you have questions you can email or call a toll-free number for assistance from a licensed representative who will walk you through your options for affordable life insurance coverage and answer your questions.
What are quotes for term life insurance?
They are an estimate of the cost for your term life insurance policy based on your answers to questions asked of you on the quote request form.
What factors affect my rate for term life insurance?
There are several factors that may impact your price for term life coverage.
The type of term life insurance and amount of life insurance will affect tour rate.
In addition, your personal risk factors affect your life insurance rate, including your age, gender, health, family health history, occupation, hobbies, lifestyle, if you smoke, height-to-weight ratio, credit history, driving record, etc.
Basically, the younger and healthier you are, the lower your rate for life insurance. In addition, the shorter the term, or duration, of your term life policy, the lower your rate.
For instance, a 10 year term life plan has a lower rate than a 15 or 20 year term policy, because the odds are lower that you will die in 10 years compared to the next 15 or 20 years.
How long does term life insurance last?
Generally, term life plans offer coverage for a period of 10, 15, 20, 25 or 30 years, or until you reach age 65 or 70. However, the rate remains level (the same) for the term of the policy – up to 30 years.
If you die during the term of your policy, your family (beneficiary that you choose) receives the death benefit from your life insurance.
If you outlive the term of your policy, your life insurance coverage ends.
Can I renew my term life insurance policy?
When you but you term life policy you will have the option of adding renewable term life coverage. This allows you to renew your policy for another 10 year term when it expires.
Your rate at renewal will increase based on your age at that time. However, you will not have to take a physical exam, and you cannot be turned down due to your health at renewal. Also, your health at renewal will not impact your new rate.
Do I have to take a medical exam?
You may be required to take a paramed exam or full physical, but this will depend on the amount of life insurance you request, as will as, your age and health.
The insurance company pays for the cost of the medical exam.
In addition, there are some plans that offer you the option of buying a life insurance policy without having to take any health exam. But, these plans may cost you more, and limit the amount of life insurance available.
However, if you do choose to buy a no exam life insurance policy, you may be able to qualify for coverage and start your life insurance right away, instead of waiting up to 6 weeks for your life insurance that does require an exam.
What are the best companies for term life quotes?
There are hundreds of life insurance companies in the U.S. Each of them has their own set of rating guidelines based on your risk factors mentioned above.
This means your rate will be based on your own risk factors, and there is no one carrier that offers the best rates for all risks.
That’s why it’s so important to compare multiple life insurance quotes from several of the leading life insurers.
How can you compare multiple quotes for life insurance?
By using a life insurance quote provider on the internet that has access to more than 40 top-rated life insurance companies.
WholesaleInsurance can provide you with the 5 lowest rates for term life insurance from their network of 40 life insurers. You just fill out a quote request form and instantly receive your quotes. No delays and no hassles.
Compare Term Life 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