Research shows that 40% of Americans don’t have any form of life insurance policy in place. Does this include you? Buying life insurance is a wise route to take. However, it’s all too easy to stray off course. Life insurance policies are designed to provide financial security to your loved ones upon your death. The […]
Research shows that 52% of Americans don’t get life insurance because they believe that it’s too expensive. However, there are many simple ways to find a cheaper life insurance policy — from using price comparison tools to giving up a dangerous hobby. Life insurance guarantees that your family will be provided for if you pass […]
The answer to that question is: “it depends.”
If you are a non-smoker in good health, you should see most of the following companies towards the top of any worthwhile spreadsheet. If not, you may want to move on.
Question 10 – What’s involved with buying a policy?
Answer – There are many life insurance questions, but we’ll start with the application. It is a three-step process. First, there are forms to complete. Once
Because insurance premiums can vary widely (as much as 300-500%), you should always get quotes in writing from multiple respected companies. AmericaQuote represents America’s top insurance companies. When you fill out our Instant Life Insurance Quote form you will get multiple quotes from the companies that offer the best and
Are the companies you are comparing small subsidiaries of larger parent firms? This is a very important. Many large companies are forming alliances with smaller companies to sell specialty products, such as term and term-like insurance.
How To Save Money When Switching Life Insurance Companies
One well-known insurance company has flooded the airwaves with this promise: “Give us 15 minutes and we may be able to save you 15 percent on your car insurance.”
If you have a mortgage, the mortgage may have a life insurance policy attached to ensure the lender is repaid in case of death of the borrower. If your mortgage is insured, the cost will appear on your monthly mortgage statement.
It’s timeless advice, and it applies to buying life insurance: There is no such thing as a free lunch.
You will sometimes find insurance companies—not insurance salespersons or brokers, but the insurance company itself—advertising “No Commission” policies.
Anytime you are replacing an existing life insurance contract with another, make sure to check these four points:
1. Closely compare the two policies in terms of rates, rate guarantees, contestable period, stability of the two companies (if they are different).
How Much Life Insurance Do I Need? Four things I strongly recommend before you make any decisions about life insurance: Make sure you speak with an experienced agent. Ask them how long they have been selling life insurance. Make sure the agent represents several carriers, not just one. Make sure the agent is licensed in your state. Ask […]