How to Get Affordable Life Insurance?

How can I find more affordable life insurance protection?

Life insurance is intended to provided financial security for your loved ones, but many of us on a budget and need to make the most of the money we have. Do, how can you stretch your budget to get the most life insurance for your money?

Buy life insurance now instead of waiting. Premiums for the same coverage generally increase the older you become. And the longer you wait, the more you risk developing a health condition that could increase your premium further, or make you uninsurable.

If you want permanent life insurance but you're on a budget, consider some term life insurance for now. You can save money initially by buying some term life in combination with permanent life. Then later, if your budget increases, consider converting your term life policy to permanent life insurance coverage.

Consider group life insurance offered through your employer. It may be available at a relatively low cost compared to your own individual life insurance policy. But keep in mind that your group life insurance coverage may end or become more expensive when you leave your job or as you get older.

Here's how you can compare affordable life insurance quotes from several of the best insurance companies.