|
You want to get life insurance to protect your family. But do you have to spend an arm and a leg to get it? Definitely not! Here's where to get free life insurance quotes and get the best rate on your policy. Term Life Insurance Terms life is the cheapest type of insurance you can get because you don't have to pay for the cash value feature that you would pay for with whole life or universal life policies. With term life you only pay for insurance. Premiums for term life policies increase as you get older, however if you want your policy locked into a set rate you can get a level premium policy. These policies are designed to expire after a certain number of years, or when you reach a certain age. In order to get a term life policy you may be required to take a physical exam. The exam will determine your eligibility and may increase or decrease your premium, depending on your health. If you have a health condition and are having trouble finding a policy, you may be able to get guaranteed issue life insurance. Because you're a higher risk than usual, your premium will be higher than with a regular term policy and you may have to wait a certain period of time before your policy takes effect. How to Save on Life Insurance * Get rate quotes from different companies. Life insurance quotes can vary dramatically from one company to the next for the same policy. In addition, underwriters from one company may give you a lower rating than underwriters from another company. Spending a few minutes comparing rate quotes from different companies can save you hundreds of dollars a year. * Get Healthy. Two of the biggest factors in determining your life insurance premium are your age and your health. You can't do anything about your age, but you can improve your health by quitting smoking, going on a diet, and getting more exercise. By improving your health you'll not only lower your premium, you feel better and you'll live longer. * Get rid of riders. Riders are those additions to your policy that can add unnecessary coverages and unnecessary expenses. Check your policy to see if you have any riders you don't need and get rid of them. Where to Get the Best Rate The best way to get the best rate is to go to an insurance comparison website where you can get rates from various companies all in one place quickly and easily. Visit http://www.LowerRateQuotes.com/life-insurance.html or click on the following link to get free term life insurance quotes from top-rated companies and see how much you can save. You can get more tips and advice in their Articles section, and get answers to your questions from an insurance expert by using their online chat service. The author, Brian Stevens, is a former insurance agent and financial consultant who has written a number of articles on free term life insurance quotes.
Related Articles -
free, term, life, insurance, quotes,
| 
