Term Life Insurance NY

Are you looking for the most affordable term life insurance policy in New York?

If you live in the state of New York and want to get affordable term life coverage it's important first to understand how term life insurance works and how to compare rates.

Term life is life insurance for a specific period of time. Term life usually lasts for a term of 10, 15, 20 or 30 years.

Term life is not an investment, it is pure protection. There is no cash value inside a term life policy.

With term life you are insured only for the length of your term. If you outlive the term of your policy, your life insurance coverage ends.

If you pass away during the term, your beneficiary receives the death benefit from your life insurance policy.

In order to find the most affordable term life plan you'll want to compare rates among the leading life insurance carriers.

Why compare rates? Because, rates can and do vary by insurance company, and comparing rates may save you hundreds of dollars per year on your life insurance policy.

How can you compare rates for term life insurance in New York?

It's simple. You just visit a life insurance website that offers quote comparisons from a large network of insurers. Then, you fill out a short quote request form. You'll instantly receive the lowest priced term life plans with a list of the insurers names, and their financial strength ratings from AM Best Company.

You just choose the plan you want, and if you have questions, the quote provider has a toll-free number you can call to get help, or email them with your questions.

Comparing term life rates online only takes a few minutes of your time, but it can help to save you quite a bit of money over the term of your policy. Here's how to compare quotes for term life insurance ny plans today.

Who Sells Term Life Insurance?

When you are talking about term life insurance you’re talking about temporary insurance that lasts for a set number of years. For instance, term life insurance policies may provide protection for a term of 10, 15, 20 or 30 years, usually.

Although there are a lot of companies that sell term life insurance policies, all terms are not the same as for overall coverage provided, and rates charged for your policy, as well as, when your full coverage begins.

Some of the main factors to consider include:

1. How long do you need the life insurance coverage - for how many years?

2. Does the life insurance policy automatically renew itself when your term ends, and if it does, what are the new rates going to be that the insurance company will charge you for your renewal term life policy?

3. If things change can you reduce the amount of your life insurance coverage to lower your premium?

4. Can your term life policy be converted to a permanent life insurance policy without new underwriting or a physical exam being required?

When shopping for a term life insurance policy always make sure to compare multiples life insurance quotes from several of the best life insurance companies before choosing your plan.

Here's how you can compare instant term life insurance rates online without any delays or hassles.

Does Life Insurance Require A Blood Test?

Whether or not the life insurance company will require you to take a blood test will depend on the amount of life insurance you apply for and your age.

The older you are when you apply for life insurance, the smaller the amount of life insurance applied for that triggers the requirement for a blood test.

Along with a blood draw, a urine specimen may be a part of the underwriting requirement for your life insurance policy.

The life insurance company pays for any health exam and testing of your blood and/or urine.

Usually, a life insurance blood test will look for any health problems you may have, including diabetes, high cholesterol, high protein levels, STD's, HIV/AIDS, as well as any legal or illegal drugs in your system including cocaine and methamphetamine. The test also checks for tobacco use including marijuana.

There are some life insurance companies that offer no medical exam life insurance plans without any blood tests required. Learn more about life insurance no blood tests and find out today if you qualify to buy life insurance.

Which Life Insurance is Best for Seniors?

The best life insurance for a senior citizen is life insurance that will stay "In Effect" until the senior's death, no matter what age the person lives to be.

To get a term life insurance policy as a senior is only advisable if the senior citizen has a short term need for life insurance coverage that will not last beyond the duration of the term, for instance, 10 or 15 years, such as wanting the life insurance to pay off a mortgage loan on your home in case of your death.

Permanent life insurance policies may be needed for final expense coverage to provide funds to help pay for your burial and funeral costs..

If a senior person gets term life insurance and then outlives the term, it can be very difficult to qualify for a new life insurance policy then.

Here's how you can leaner about different options available on life insurance plans for seniors

Life Insurance for Epilepsy?

Is it possible for people with epilepsy to qualify for life insurance coverage?

Yes, if you have epilepsy you may be able to purchase life insurance.

However, whether or not you qualify will depend on your own personal situation, including when you were diagnosed, how long it's been since your last seizure, how often you have seizures, how you manage your epilepsy, how often you see your doctor, and your health, among other risk factors.

There are several life insurance companies that insure people with epilepsy, but your acceptance and the premium you pay will depend on the above factors, in addition to the type and amount of life insurance coverage you need.

Here is an article on life insurance for epilepsy that explains what is important to life insurance companies, what they consider when you apply for coverage, and how you can go about comparing the best rates and plans online.

How much is life insurance for kids?

I want to buy life insurance for my kids. But I don;t know how much it will cost.

How much is a life insurance policy for children?

Actually, kids life insurance plans are very affordable. Some even start at just $1 for the first month's premium, then you pay the basic rate monthly based on the amount of life insurance and the age of your kids.

Monthly premiums may be as low as just a few dollars per month for up to $30,000 of kids life insurance protection.

Life insurance plans for your children may build up cash value over time from which your child may take a loan in the future, if needed.

And, kids life insurance plans guarantee your child may had lifetime coverage, and add to the amount of life insurance when your child becomes an adult, regardless of his or her health or occupation.

There's no medical examination required, you just answer some basic questions and you can apply online for your child's life insurance today in a matter of minutes.

Here's how to find out how much kids life insurance cost.

Does Life Insurance Test for Drugs?

When you buy a life insurance policy do they make you take a drug test?

That depends on your age, health, the life insurance company and their guidelines, and the amount of life insurance you want to buy.

However, it is a standard requirement from most life insurance carriers.

The drug testing may check for legal prescription drugs in your system; as well as, illegal drugs which may include marijuana, methamphetamine and cocaine, among others.

If your testing was positive for illegal drugs you may be declined for life insurance coverage.

If it was positives for prescription drugs you denied taking, you may be required to pay a higher rate if you chose to purchase the life insurance coverage.

However, there are companies that offer life insurance with no drug testing required. Learn more about life insurance drug tests and your options for life insurance coverage.

How Long Does Term Life Insurance Last?

A term life insurance policy is a form of life insurance that is temporary, for a set period of time.

Usually, term life insurance provides protection for a period of 5, 10, 15, 20 or 30 years.

If you outlive the "term" of your term life policy, the life insurance coverage ends without paying out a death benefit.

If you die during the term, the death benefit is paid out to your beneficiary, unless there are any exclusions that would prohibit payout.

If you decide you still need life insurance at expiration of your policy you may renew the term life insurance for another term without taking any medical exam, but your rate will increase based on your age at tome of renewal.

Another option might be to compare term life insurance rates and plans among other insurers when your renewal comes up to see if there are any better deals available.

Here's how you can learn more, and compare term life insurance rates online from several insurers at once.

What is Social Security Burial Insurance?

The Social Security Administration provides a one time lump sum payment to those qualifying for social security burial benefits.

If your spouse or parent had enough credits based on the number of years they contributed to making tax payments then you may qualify to receive the $255 one time payment for burial benefits.

However, this amount won't cover the entire cost of a person's burial and funeral expenses. According to the National Funeral Directors Association, the average cost of a funeral is around $7,000.

That's why so many people who have not saved enough money to provide for this final expenses choose to purchase a burial insurance plan. That way, your loved ones don't have to suffer any financial burden of paying for your funeral and burial.

In addition, to burial benefits from the S.S.A., you may qualify to receive monthly survivor benefits which may exceed $500 per month or more.

Learn more about Social Security Burial Insurance Benefits.

Life Insurance for Seniors over 70

Is there life insurance available for people,over the age of 70?

Yes, people over 70 years of age may be able to qualify for a life insurance policy.

Whether or not you qualify will depend on your health, your age, and the insurance company you apply to for a policy.

In addition, your own personal risk factors will impact your acceptance and the rate you pay for life insurance.

The life insurance companies will consider your age, health, lifestyle, hobbies, occupation, driving record, and other factors that may affect how long you might live.

Do you have any health issues, are you overweight, or on medication? These may play a role in whether you can get life insurance and how much it will cost.

In addition, there are no exam life insurance plans for seniors which do not require you to take a health exam, but these may cost more than life insurance that dies require a physical.

Here's how you can learn more about Life Insurance for Seniors over 70 and request your free life insurance quote comparisons.

Why Would A Person Buy Term Life Insurance?

A term life insurance policy is most often purchased when someone needs the most life insurance protection to provide for a short term need of 30 years, or less.

Usually, life insurance benefits are needed for a fixed period of time, which may be for a term of 10, 15, 20 or 30 years; such as, an auto loan, home mortgage loan, or to college loan.

Term life insurance plans are offered by most life insurance companies and do not include any form of investment or cash value, it provides only "pure protection". That's one main reason why it costs a lot less than permanent life insurance.

Some reasons a person may choose to buy term life insurance include the following:

1. Your need for life insurance is temporary, for a period of 30 years or less.

2. You can't afford permanent life insurance.

3. It is a requirement of a loan or contract to purchase a term life insurance policy.

Here is a buying term life insurance policy checklist to help you understand what to consider when purchasing your term life insurance coverage.

Life Insurance for Bungee Jumping?

Can I buy life insurance coverage if I sometimes go bungee jumping?

Yes, you may qualify to purchase life insurance coverage even if you occasionally bungee jump.

If you only bungee jump once or twice per year, you may find that your rate is not affected by the activity.

However, if you do go bungee jumping on a regular basis, then you may end up paying 2 to 3 times more for the same life insurance as someone who doe snot bungee jump.

The reason being that bungee jumping is considered a high risk activity which could possibly cause death.

That's why there are questions on life insurance applications regarding any dangerous activities you may take part in, including skydiving, bungee jumping, or rock climbing, etc. As these activities increase the likelihood of you dying early.

The insurance company will also likely ask you how often you bungee jump, where do you go bungee jumping, and what type of bungee jumping do you take part in?

Learn more about life insurance for bungee jumping and how you can compare life insurance plans and rates today.

Life Insurance for Burial Expenses

Is there life insurance you can buy to help pay for the cost of your burial?

Yes. There are burial life insurance plans available for people of almost all ages.

In fact, most life insurance plans to cover burial costs are simplified issue - meaning you won't have to take a physical examination or blood test to qualify for the coverage.

And, you can apply completely online for your burial life insurance policy.

Most burial insurance plans offer a limited amount of coverage since the average funeral and related expenses costs about $7,750. Some plans offer up to $20,000 or more of life insurance protection.

You can request a free burial insurance quote online and apply for your policy today, in just minutes.

Breast Cancer Awareness Month

October is Breast Cancer Awareness month!

If you have a family history of breast cancer or are over 40, make sure to get your breast cancer exam.

Here are some helpful links to information about breast cancer:

Cancer.org

National Breast Cancer Awareness Month

Healthfinder.org

Centers for Disease Control

Are you worried about the cost? CDC offers free or low-cost mammograms and education about breast cancer.

Breastcancer.org

Podcasts, videos and tips.

Susan G. Komen for the Cure

Race for the Cure Events being help in different cities. Sign up now to take part in the "Race for the Cure" in your city.

$10,000 Life Insurance Policy?

Can I buy a $10,000 life insurance policy online?

Yes, you can purchase up to $10,000 or more of instant life insurance coverage on the internet.

In fact, if you're between the ages of 18 to 78 you may qualify to purchase a $10,000 life insurance policy without having to take any health examination. It's simple, just answer 3 easy health questions.

You can start your $10,000 life insurance policy for just $1 for the first month of coverage.

Your plan is provided by a life insurance company rated "A+" Superior by AM Best Company for financial strength.

Whether you need life insurance to protect your growing family or provide for your final expenses, it's quick and easy to get a $10,000 life insurance policy.

And, there's a 30 day money-back guarantee, so there's no risk in buying your life insurance coverage today.

What Does Graded Whole Life Insurance Mean?

Graded life insurance policies are a way for life insurance companies to offer life insurance coverage to persons who would be uninsurable otherwise, whether it be due to health reasons or age.



By restricting the payment of the death benefit coverage for the first 1-3 years for death due to natural causes, graded benefit policies help life insurance companies stay viable so they can be counted on to pay the death benefit for all their clients.

Graded life insurance policies generally pay 100% of the death benefit from day one for accidental death.

However, for death due to illness or natural causes, some plans pay out only what you paid in as premiums, plus a small percentage more during the first 2 or 3 years you are insured. Other plans pay a percentage of the death benefit and may only have a two year graded period, then provide full coverage after the first 2 years you are insured.

Here's how to get whole life insurance guaranteed issue with a grade benefit.