Wednesday, March 29, 2017
Where can you get an online term life quote comparison?
Actually, just about any life insurance website offers access to free quotes on term life insurance.
You just fill out the quote request form and instantly receive the best prices on term life insurance form a network of highly-rated life insurance carriers.
The quotes are free and there's no need to meet with an agent or deal with any high-pressure sales pitch.
And, if you like the quotes you can request an application for life insurance coverage, or request more information and get assistance in purchasing your life insurance policy.
Here's how you can learn more about getting online quotes for term life insurance and compare the most affordable plans in just a few minutes.
Monday, March 27, 2017
A level term insurance policy is life insurance with level premiums each year fir the entire duration of your coverage.
With level term you choose a "term" (duration) for your life insurance. Most insurers offer term life coverage for a term of 10, 15, 20 or 30 years. The longer your term, the higher your annual cost of life insurance.
In addition, the amount of life insurance provided by your policy remains level for the entire duration of your term.
Level term offers the most affordable life insurance protection for a period of 30 years or less.
Learn more about how a level term insurance policy works.
Friday, March 24, 2017
Is it possible to purchase a term life insurance policy without having to take any physical examination?
Yes, in fact, you may even be able to start your life insurance coverage as soon as today, if you qualify.
Some carriers offer up to $400,000 or more of no exam coverage, but one insurer rated A++ for financial strength offers up to $1,000,000 of affordable term life insurance without an exam for qualified applicants.
How do you qualify? You apply for a policy online (safe and secure) and find out in as little as 8 seconds if you qualify based on your answers to the health questions in the application.
Here's how to learn more about term insurance no physical required and request your free price quote.
Monday, March 20, 2017
Is it possible for an adult child to purchase a life insurance policy on his parent or both parents?
Yes, since adult children have an insurable interest in their parents, they may purchase life insurance on their parents.
Many people buy life insurance o their parent(s) to make sure there are funds available to pay for their parent's final expenses, including the cost of a funeral, burial and memorial service.
Today, the average cost of a funeral and related expenses may exceed $7,000.
There are even "guaranteed issue" life insurance plans available for seniors which means your parent cannot be turned down due to any health problems.
Here's how to get life insurance for your parent.
Friday, March 17, 2017
Ratings on a term life insurance company are an indication of that insurer's ability to meet their financial obligations, including paying their claims in a timely manner.
In addition, the rating issued by an independent financial rating agency is an indication of the insurer's financial strength.
Some of the leading rating agencies that review the financials of insurers to develop a rating include A.M. Best, Moody's and Standard & Poor's, among others.
When selecting your term life insurance carrier make sure to consider and review the financial rating of the carrier, because you want to make sure the insurer will be around to pay any claim on your life insurance policy when the time comes.
Learn more about term life insurance company ratings.
Tuesday, March 14, 2017
How do insurance carriers determine your pricing for a term life insurance policy?
The price you pay for term life insurance will depend on your gender age and health.
The amount of life insurance and the duration of your coverage (term) will also affect your cost of term insurance.
In addition, your personal risk factors are considered, including your lifestyle, tobacco use, driving record, hobbies, occupation, height-to-weight ratio, among other things.
The insurer uses this information to decide if they will accept you for coverage and how much you will pay based in part on your life expectancy and the duration of your term life policy.
Learn more about term life insurance pricing and how it works.
Saturday, March 11, 2017
Dependent life insurance coverage is life insurance you take out on your dependents, which may include your spouse and children.
Many employers offer group term life insurance policies which allow the employee to be covered and add coverage for their dependents.
Or, you could purchase your own life insurance policy and add your family members onto your policy by use of a rider to add their coverage.
Another option is to buy individual life insurance policies on each of your dependents.
Learn more about life insurance for your dependents.