What Life Insurance is Cheapest?

How do I find the cheapest life insurance policy?

The lowest priced life insurance policy is term life insurance because it is temporary coverage, compared to permanent life insurance which provides guaranteed lifetime protection, as long as you pay your premiums on time.

Usually, term life policies may be available for a period of 10, 15, 20 or 30 years. The shorter your term (duration of coverage), the lower your premium (cost) for coverage.

In addiiton, the lower the amount of life insurance you need, the lower your annual cost of insurance.

Also, since life insurance rates increase with age, someone who is young and healthy will qualify for a lower premium compared to someone who is older and has health problems.

So, that means if you need life insurance you should buy coverage while you are young and healthy to lock-in a lower premium and be guaranteed coverage in the future, when you need it most.

Here's how to learn more about What Life Insurance is Cheapest?

Who Does Life Insurance Cover?

Life insurance is a written contract between the insurance company and the life insurance policy owner.

The owner of the policy agrees to pay premiums to the insurance carrier in return for the carrier paying out a death benefit upon the death of the insured person, subject to the terms and conditions of the life insurance policy.

Life insurance covers the insured person, which is the person named as insured on the life insurance policy.  ​

If the insured person dies there is a death benefit paid out to the beneficiary of the policy, subject to the terms and conditions of the life insurance policy.

Find out more about "Who does life insurance cover?"

Burial Insurance with COPD?

Is there burial insurance for people living with COPD?

Yes, in fact, there are burial insurance plans available with guaranteed approval.

One highly-rated insurer offers guaranteed burial insurance for people ages 45-85 regardless of your health.

There's no health exam required and you won't have to answer any questions about your health.

You may choose from $3,000 up to $25,000 of coverage. And, there's a 60 day money-back guarantee.

Learn more about how to get Burial Insurance with COPD.

Can I Buy Life Insurance at Age 75?

Yes, a 75 year old may qualify to purchase life insurance coverage.

There are term life policies which offer temporary coverage for a period of 10 years or less for 75 year olds.

There are also permanent life insurance policies which will cost more and provide guaranteed lifetime coverage.

In addiiton, there are guaranteed issue permanent life insurance policies that accept anyone who meets the age requirements which may be ages 45 to 85.

Guaranteed issue policies do not require any health exam and do not ask any questions about your health.

Learn more about buying life insurance at age 75.

Can I Buy Life Insurance without an Agent?

Is it possible for me to purchase a life insurance policy if I don't have an agent?

Yes, in fact, there are life insurance carriers that offer you the option to buy your life insurance policy direct from the insurer over the internet.

Buy choosing to purchase life insurance direct online you may save time and get insured right away if you qualify for coverage, some carriers offer same day protection.

One highly-rated life insurance carrier offers the option to buy your policy online (safe and secure) and start your life insurance today, with a 30 day risk free, money-back guarantee.

If you don't want to sit through a high pressure sales pitch from an agent in your home, or you just like the idea of getting your life insurance the quick and easy way, choosing to purchase life insurance direct from the carrier may be a good option.

Learn more about how to buy life insurance without an agent.

Should I Buy Life Insurance from Work?

I have life insurance available through my employer, should I take the coverage?

Yes, if it's fully paid for by your employer, take the life insurance - this is usually referred to as basic life insurance - an amount which is usually 1 to 2 times your annual salary, and fully paid for by the employer.

They may also offer supplemental life insurance which you pay for, and you select how much coverage you add to your employer provided plan.

However, keep in mind, this coverage does not follow you if you leave your employer, or get fired.

You may want to consider your own, individual life insurance policy you purchase outside of your work provided plan.

That way, if you leave your current employer for any reason, you still have life insurance.

Learn more about "Should I Buy Life Insurance from Work?"

Short Term Life Insurance Quotes

Are you shopping for affordable short term life insurance coverage?

If so, you may want to request and compare free quotes online from a quote provider.

Short term life insurance is temporary coverage lasting for a period form 6 months to 5 years, usually.

Many people choose short term coverage if they have lost their job (and benefits), have changed jobs, or are without life insurance but have a temporary need to protect short term debt; such as, a car loan.

Here's how to get short term life insurance quotes online and compare the most affordable pricing from among 40 of the leading life insurance carriers in America.

Can I Buy Life Insurance Online?

Is it possible for someone to purchase their life insurance policy over the internet?

Yes, in fact, many life insurers now offer the option to consumers to apply for a policy online. And, more than 25% of people surveyed say they would rather but their life insurance over the internet.

Today, it's quicker, easier and safer than ever before to get insured over the internet.

Now you can apply online and find out within minutes of you qualify for a policy. And, if approved, you may start your life insurance protection today.

There's even an "A++" rated insurer that offers up to $1,000,000 of same day coverage for healthy, qualified individuals.

To learn more, please read this article - Can I Buy Life Insurance Online?