Term Life Insurance is an affordable option. A few questions will help you determine how much coverage and cost it could cost. If you like what is shown, we can help.
You should ensure that the policy you are looking for is either "level term" or "guaranteed high premiums". These terms mean that the term insurance quotes you receive for life insurance reflect the cost you will pay for the policy.
Insurance coverage for health concerns: Do you have questions about your health or want to get insurance? A life insurance application can be delayed if you have a GI condition or diabetes. The simplified issue is intended to help those who are not eligible for traditional policies obtain the coverage they need, and protect their families.
Term life policies are available individually or as part of a group insurance plan through an employer, civic, religious, or other organization.
Quick approval: You don't need to wait weeks for your results or undergo a medical exam. This is a great option if you are in urgent need of coverage, such as for a upcoming trip.
Do you not know how much life and health insurance you will need? You can crunch the numbers using our free, simple-to-use calculator for life insurance.
According to National Association of Insurance Commissioners - NAIC, certain term policies can also have a return of prime features. You will receive back the premiums you have paid if the death benefit is not paid by the end term. This is a more expensive option.
Insurers offer no medical exam term insurance, where quotes are based upon your age (typically between 50 and 54). These products are only for one year. Premiums will increase as you age, making them more costly over the next 15 or 20 years.
Term life insurance is simple to understand. This makes it easy to compare and shop for life insurance quotes. You're covered as long as the premium is paid. There are only three important decisions to be made: How much life insurance you need, how long the coverage should last, and which insurer to choose.
You can lock in a lower rate if you wait to have children. It is possible to lock in a lower premium while you are still young and healthy.
When shopping for simplified issue term life insurance, you should make sure that a policy is described as "level term" or as having "guaranteed level premiums" for the term length. These phrases mean that the term life insurance quotes you receive reflect the price you'll pay for the entire policy length.
Many term life insurance policies offer a conversion option, putting you in control. This allows you to switch to a permanent life insurance policy before the term expires, usually without requiring a medical exam.