October 21, 2017 by admin Leave a Comment

Instant Term Life Insurance Quotes

Life and Loss

Sadly we are al getting older. The years seem to pass by so much quicker now and another milestone birthday is reached before I have been able to say goodbye to the last one. It wasn’t that long ago that myself and my friends meet up for weddings and christenings, nowadays it seems to be more funerals. This is a fact of life and something that sadly we cannot change. How do loved ones cope when someone passes away? Sadly I have experienced the pain and loss of losing a loved one and it hurts. Does it get better? Not really, maybe the pain is a little less, but the memories remain. Of course there is worry about debts and how they will be repaid. Luckily in my case they was life insurance in place, but that is not true for many. Can you say the same? Protect your loved ones and take out life insurance. Use instant term life insurance quotes to see how much you can save.

End of life Expenses

If something unexpected was to occur and you pass away, your loved ones not only have to cope with the grief of losing you but also have to pay the end of life expenses. Currently a funeral costs between $7,000 – $10,000 and many families without life insurance just don’t always have those funds available.

Affordable Online Life Insurance Quotes

What people don’t understand is that life insurance is not as expensive as you may think, even if you are getting on in years. Simple straightforward term life insurance provides a lump sum on death and is in place for a limited period of time, hence the name term life. This cost effective solution can pay for the funeral and provide funds to pay off debts or send grand kids to University. Compare quotes from at least three different providers to see how much you can save just by looking at different providers. By spending a few minutes of your time now, you will save $$$ in the long run.

Sadly it is a fact of life that we are going to die at some point. If we knew the date that our number is up we could ensure that we take out our life insurance a few months before the date (to make sure we are covered). Nobody can predict this though, so you should take the decision now and take out affordable online term life insurance and provide for your loved ones future.

October 16, 2017 by admin Leave a Comment

Compare Life Insurance Quotes

What is the best way to save money on life insurance quotes?

It may surprise you to learn that many people when looking to purchase big ticket items, such as a new car, TV or holiday do not shop around. They rely on advice from friends or friends of friends who say go and see so and so, he works in xyz and he/she gave me a great deal on one of those. Now you should know that the best way to get the best deal for yourself given your own set of circumstances, is to look around and find out for yourself. This is also true when looking at life insurance, you must compare life insurance quotes to get the best deal possible.

Shop around to save on term life insurance rates

Life insurance pays out on death, with term life that is all that you are looking for. A company that will provide the payout to your loves ones or to cover a debt over a period of time. With these policies you simply want to find the best deal available to you at that point in time. Use a compression site to compare the rates available from multiple different insurance companies and save money. Ensure you choose at least three different companies and compare the costs to obtain the best possible deal for you and your family.

Why compare rates when you think you are getting a good deal?

In all likelihood you know someone who has told you to use company abc as they offer the best rates for people in your circumstances. Have they compared multiple insurance companies and used your specific set of circumstances to arrive at this conclusion? Doubtful. The best person to root out the best deal for yourself is you. Look at the comparison sites and enter your details to see how much you can save!

October 11, 2017 by admin Leave a Comment

What impacts term life insurance rates

The factors that affect your life insurance rates

If you are considering buying life insurance, it is important to consider the factors that may adversely affect the cost of the policy that you are going to buy. There a couple of key ones that you can probably guess, but there are also some other less know ones that you need to consider when thinking about what impacts term life insurance rates.

Age of proposer

It is well known that Age is the main factor when underwriters determine the cost of providing life insurance. The Insurance companies use actuaries to determine the risk of the proposer dying during the term of the policy. Obviously the younger the proposer is, the less the insurance companies risk is perceived to be. Clearly the opposite is true, the older the proposer is, the higher the risk. When taking out Term Life Insurance as compared to permanent life insurance, as the insurance companies risk is only for a specified period of time, the cost of the cover is significantly less than permanent life insurance.

Health of proposer

Along with the age, health is the other key factor in the risk to the insurance company. Clearly someone who is in the best of health, with no known health factors in their family history will be offered a lower rate than someone in bad health with a bad history. Proposers can mitigate their risk by selecting insurance companies that do not request medicals and offer coverage with minimal health questions, but remember, these companies have already factored in this to their rates and hence you are already paying for the risk with the premium offered.

Hobbies

A more little known fact is that your choice of hobby or pastime can impact your life insurance premiums or coverage. Insurance companies ask what hobbies the proposer has in order to ascertain whether that pastime has a risk that they have found can impact the lifespan of the proposer. Such hobbies as skydiving or bungee-jumping raise flags with the insurance company and can impact the likelihood of being accepted with standard rates.

Check for comparison prices

When considering purchasing life insurance, it is important to check on comparison sites to compare quotes from different insurance companies. Do not obtain just one quotes, but compare at least three different rates to make sure you are obtaining the best rate available to you. To further reduce the premiums that you have been quoted, you can opt to pay annually. This can reduce the total annual cost as the insurance companies require less overheads as they are not collecting the payments monthly.

Be honest

It is important when applying for life insurance, that all questions are answered honestly. Insurance companies use different techniques to check the applications and any questions answered dishonesty can cause the policy to be cancelled or not paid out when most required.