Online Term Life Quote

Can I get term life insurance quotes on the internet?

What is a term life quote?

It's an estimate of how much it will closet you to buy a term life insurance policy from a specific insurance company.

Who offers term life insurance quotes?

There are many websites on the internet that offer you access to quote providers for life insurance quotes, including Term Life Online, Accuquote, Intelliquote, and Efinancial, among others.

How does it work?

You just visit one of the life insurance websites, fill out a quote request form, and you instantly receive the best prices for life insurance on your screen. The quotes will show you the names of the insurance companies, the prices offered for a specific amount of life insurance, and the financial ratings of the insurance companies.

Here's how you can request your online term life quote now.

A Plus Rated Life Insurance

What is A plus rated life insurance?

It's life insurance from a life insurance company rated "A+" Superior for financial strength by an independent rating agency.

There are several rating agencies that review the financial statements of insurance companies and determine their financial rating. Some of these rating agencies include AM Best, Standard & Poor's, Moody's and Dunn and Bradstreet.

A rating of A+ is one of the highest ratings available and is an indication that the insurance company is financial secure and able to meet their financial obligations.

You can learn more about financial ratings of life insurance companies by visiting ambest.com

Here is a list of some highly rated life insurance companies including their financial strength ratings from AM Best.

Life Insurance - How Much Do I Need?

I want to purchase life insurance but I'm not sure how much to buy. How do I figure out how much life insurance I really need?

First, you'll want to ask yourself what you want your life insurance to accomplish? Then, how much life insurance will it take to accomplish your goal?

You need to consider your total debt, total savings, annual income, short and long term financial goals, and your future plans, which may include for getting married, starting a family, buying a home, etc.

Many financial experts suggest a person buy up to 10 to 20 times their annual income in life insurance. So, if you earn $50,000 per year, you may need as much as $500,000 up to $1,000,000 of life insurance.

However, you'll also want to take into account any life insurance coverage provided by your employer, as well as, any life insurance your spouse has from their employer, if you are married.

Another option for determining how much life insurance you really need is to use a life insurance needs calculator which can help you instantly determine how much life insurance is right for you.

It's quick and easy - you just answer some basic questions about your financial situation and click on a button to calculate an accurate estimate of how much life insurance you need.

Here's a life insurance needs calculator to help you decide how much life insurance you need.

Low Cost Life Insurance for Young Adults

What is the lowest cost life insurance for young adults?

If you're a young adult looking for low cost life insurance, you may want to consider term life insurance.

Why term life? Because it's the lowest cost type of life insurance available.

Term life is temporary coverage for a period of up to 30 years. With term life you choose how long you need your life insurance to last.

You can select a "term" for coverage of 10, 15, 20 or 30 years. The shorter the term, the lower the price.

In additino, you can convert some term life policies to permanent life insurance if your needs change in the future.

Term life insurance is good for young adults because it's low cost, offers flexibility of choosing how long your life insurance will last, and it's easy-to-understand.

You can compare instant term life insurance quotes from several leading life insurance carriers to find the lowest cost life insurance policy right now.

Which Life Insurance is Best Term or Whole Life?

The best life insurance for you depends on your own personal situation - what you want your life insurance policy to accomplish.

If you want your life insurance to provide protection for a period of 30 years or less, then a term life insurance plan will provide you with the most affordable protection.

If you need guaranteed lifetime life insurance protection then a whole life insurance policy will meet your needs.

Also, some term life insurance plans offers the option to convert your term life coverage into a whole life insurance policy if you choose to do so. This may be referred to as the "Conversion Privilege", also known as, convertible term life insurance coverage.

Term life costs a lot less than whole life insurance, but lasts for a period of 10, 15, 20, 25 or 30 years with level premiums.

Whole life has level premiums for your entire life, but the premiums are much higher than you would pay for the first 30 years of term life insurance coverage.

Here's how you can learn more about term versus whole life insurance.

Who Should Own Your Life Insurance Policy?

Are you considering the purchase of a life insurance policy?

If so, one of the choices you will make when buying your policy is who will be the owner?

This may sound like a simple decision, you just name yourself as the owner of your life insurance policy.

But, what if you are a grandparent buying life insurance on your grandchildren? Maybe you'll want to make the parents of the children the owners, in case you are not alive to continue making payments before the grandkids are grown.

In addition, many seniors may want to make their adult children the owners of their life insurance plans, since the kids are probably the beneficiaries, and they can manage the payments of the life insurance policy premiums, in case the senior (you) purchaser of the life insurance becomes disabled, or unable to manage their financial matters.

Learn more about who should own your life insurance policy

How to get Senior Life Insurance Quotes?

I'm a senior looking to compare prices on life insurance - how can I get free quotes?

First of all, life insurance quotes are not charged for, they are all free.

Next, you can compare life insurance prices by contacting a local insurance agent, calling insurers direct, or by visiting a life insurance website which can give you instant price quote comparisons from several leading life insurance companies.

Before comparing prices, you should consider your need for life insurance - what do you want your life insurance policy to accomplish?

Many seniors purchase life insurance to provide funds to pay for their final expenses, leave money to pay for estate taxes, leave money to a spouse, children or grandchildren, or provide a legacy to some charitable organization.

Next, consider what type of life insurance will meet your needs - Term or Whole life. Term life is temporary life insurance for a period of 30 years or less. Whole whole life insurance provides guaranteed lifetime life insurance protection.

Also, think about how much life insurance you need to accomplish your goals.

Here's how you can compare senior life insurance quotes online from 70 leading life insurance carriers in less than 3 minutes, with no obligation and no hassles.

Life Insurance without Medical Exams?

Can you buy life insurance without taking any medical examination?

Yes, life insurance companies offer life insurance plans with no exams required.

How does it work?

It depends on the insurance company requirements and the type of life insurance plan.

Most no exam life insurance plans come in one of two forms: Simplified Issue Term or Guaranteed Issue Whole Life.

Each type of no exam life insurance plan will have age requirements and limits on how much life insurance they offer.

For example, some carriers offer up to $350,000 of term life with no exam, but a few health questions asked, for people age 20 to 60.

As for guaranteed issue life insurance, some carriers offer up to $25,000 of coverage for people ages 45 to 85. There's no health exam required and no health questions asked for guaranteed plans.

Here's how you can compare life insurance without medical exams

Why Does Life Insurance Take Blood?

If you need life insurance and are considering the purchase a life insurance policy, you may be curious as to why a life insurance company would require you to take a blood test.

Actually, most life insurance carriers require the applicant to take a medical exam which may also require a blood sample which is sent to a laboratory for testing.

But, what do they test your blood for?

Life insurance approval and pricing is based on your longevity - how long you are expected to live.

If you have a health condition or use illegal drugs you may have a shortened life expectancy, making you a less than desirable risk for life insurance.

A life insurance blood test may check your blood to see if you have high protein levels, diabetes, STD's, HIV/AIDS, legal and/or illegal drugs ion your system, nicotine, or other health issues.

The insurer uses this information from your blood tests to verify your answers on the application as to your health, and to help determine if they should insure you and what to charge for your life insurance policy.

However, there are life insurance policies with no health exams and no blood tests required. You can even get an instant quote, apply online, and start your life insurance policy today, if you qualify.