Shopping for Long Term Life Insurance

What is long term life insurance?

It's a type of life insurance policy providing temporary coverage for a longer duration than other shorter term plans.

Usually, a long term policy would last for a period from 15 years up to 30 years.

Long term plans may have level premiums that stay the same each year which makes it easy to budget for your life insurance coverage.

With long term level life insurance the amount of coverage provided by your policy remains level for the entire duration of your policy term.

Many people choose long term coverage to provide protection for a home loan or until the kids are grown and on their own.

Here's how you can learn more and compare instant long term life insurance quotes online today.

Life Insurance Quote Definition

What is the definition of a life insurance quote?

A life insurance quote is an estimate of how much it will cost you per month (or annually) to purchase life insurance coverage.

The quote is based on the information you provide when requesting a quote for life insurance.

You can compare quotes by visiting a life insurance website and filling out a quote request form which only takes a minute.

Life insurance quote comparison are free of charge and there is no obligation to buy.

You can compare instant pricing on life insurance for terms of 10, 15, 20, 25 or 30 years and for coverage amounts from $25,000 up to $2,000,000 or more.

Learn more about the definition of life insurance quote and how you can compare quotes online today.

Life Insurance Mortgage Quotes

Are you in the market to buy a new home or refinance your home loan?

If so, you may want to comparison shop for the best prices around for mortgage life insurance protection.

That way, you can get affordable coverage and make sure your loved ones can remain in the home they shared with you, should you pass away before the mortgage loan is full paid off.

Remember, you'll want to choose a term (duration) of coverage that matches the length of your mortgage loan.

And, select an amount of life insurance that meets that amount of your outstanding mortgage loan.

Comparing multiple quotes for mortgage life insurance may help save you up to hundreds of dollars per year on your policy.

Here's how to get your life insurance mortgage quote online today and find affordable protection for your home and family.

Life Insurance Quick Quote

How can I get a quick quote for life insurance coverage?

It's actually easier than you might expect to request and receive your instant quotes for life insurance.

You just visit a life insurance website that offers quote comparisons for life insurance.

Then, you answer some questions asked on the quote request form, click on a button, and instantly receive your price quotes.

Quotes for life insurance are free, and you receive a comparison of the best prices available based on the information you provide for your quotes.

Remember, these quick quotes are estimates, they are not guaranteed, because you may be required to take a physical exam in order to verify your health and find out if you qualify for coverage.

Here's how you can compare life insurance quick quotes online today with no obligation.

Should I Buy Whole Life Insurance or Term Life Insurance?

When it comes to selecting the which type of life insurance to buy you'll want to ask yourself this question - How long do I need my life insurance to last?

If the answer os for a period longer than thirty years, then a whole (permanent) life insurance policy can help.

However, if you need your life insurance protection to last for a period of 30 years or less, then term life insurance offers you the most affordable protection.

Whole life insurance lasts for your entire lifetime and may build up some cash value inside your policy over the years from which you may take a loan if needed.

Whereas, term insurance offers coverage for a period of 10, 15, 20 or 30 years to meet your specific life insurance needs, so you aren't paying for life insurance you do not need.

Term life is pure protection, not an investment, so it costs a lot less than whole life insurance.

Here's how to learn more about the question - Should I Buy Whole Life Insurance or Term Life Insurance?

Where Can I Buy Life Insurance on My Parents?

Are you looking to purchase life insurance policies on your parents?

If so, you're not alone. In fact many people today choose to insure their parents for life insurance to help cover the cost of their final expenses, among other reasons.

However, there are some things you should know first before buying a policy.

You'll need "Insurable Interest" in your parents in order to buy life insurance on someone else. Insurable interest does exist between adult children and their parents.

Also, you may need your parent's signature on the application for coverage, but this requirement may vary by insurance carrier.

And, if you are finding it difficult to get life insurance for your parents due to health issues, there are even "guaranteed acceptance" life insurance policies available which means your parents cannot be turned down for coverage.

To learn more, read this article: Where can I buy life insurance on my parents?

Burial Insurance for Cancer Patients?

Can a cancer patient or cancer survivor get burial insurance coverage?

Burial insurance is usually a "Guaranteed "Issue" insurance policy which means you cannot be denied coverage if you meet the age requirements.

So, a cancer patient can get burial insurance.

However, the amount of coverage is usually limited to $25,000 or less, and you must meet the age requirements which may be 45-75, 40-80, or 45-85.

In addition, guaranteed issue plans usually have graded death benefits the first two years you are insured, which means you won't have full coverage until you have been insured by your policy for 2 years.

Here's how to learn more about burial insurance for cancer patients.

Life Insurance with a Pre-Existing Condition?

Can someone with a pre-existing health condition get insured for life insurance?

Yes, there are life insurance carriers that may offer fully underwritten life insurance policies requiring a medical exam for people with a health condition.

In addition, there are guaranteed approval life insurance policies that may be available for people ages 45-85.

Guaranteed plans guarantee your acceptance for coverage with no health exam required and no questions asked about your health.

Learn more about how to buy life insurance with a pre-existing condition.

No Questions Asked Life Insurance

Is there life insurance you can buy without answering any questions about your health?

Yes, there are plans with no exams and no health questions asked

These policies are called "guaranteed issue" life insurance plans and anyone who meets the age limitations will be approved for coverage regardless of their health.

Some insurers offer guaranteed approval with no health questions for people ages 45 to 85.

However, in order to insure people with health problems the policy has limited death benefits the first two years you are insured.

Learn more about how to buy no questions asked life insurance coverage.