Term Life Insurance Policy Quotes

What is a term life insurance policy quote?

It’s an estimate of how much your term life insurance policy will cost based on the information you provide when requesting your quote, including your age, gender, amount of coverage, length of policy term needed, and other specifics.

Where can I request term life policy quotes?

You can visit a life insurance website – most of them offer term life quotes from a network of leading term life insurance carriers.

You’ll want to compare pricing from several insurers and you may want to request quotes for several different term lengths – for example, 10 year, 15 year and 20 years.

Remember, term life coverage may be available for a duration of up to 30 years, depending on your age and health.

Here’s how to compare term life insurance policy quotes online.

How to Buy No Medical Life Insurance?

Can I buy a life insurance policy without taking any medical exams?

Yes, you may qualify for no medical life insurance coverage, but it will depend on your age, health and the insurance company requirements for approval based on your answers to the health questions asked when you apply for coverage.

However, there are insurers that offer the option to apply online for up to $1,000,000 of affordable life insurance protection without requiring you to take an exam.

In fact, you may be able to apply online (safe & secure) in about 15 minutes and find out in as little as 10 seconds after applying if you qualify for coverage.

Once approved, you may start your life insurance policy immediately.

Although no exam life insurance may be quick and easy for some people, the price you pay may be higher than what is charged for life insurance that does require a physical examination.

So, it’s up to you, do you want quick and easy coverage without the hassles and delays of an exam, while paying a little more for your policy?

If so, here’s how you can learn more about how to buy no medical life insurance online.

Is there Term Life Insurance over 50?

Can someone over age 50 get term life insurance coverage?

Yes, in fact, if you are over 50 years old you may still qualify for a term life insurance policy for a term of 10, 15, 20 or even 30 years, depending on your age, health and the insurance company guidelines for approval.

Many insurers offer term life plans for people in their 50’s.

Just remember, the longer your term of coverage, the higher the annual cost of your life insurance policy.

But, you may want to lock-in coverage for a longer term if you feel you may need life insurance for more than just 10 or 15 years. Because, if you develop any health issues, you may be unable to buy a new policy later in life.

Also, ask if the term life policy you want to buy offers renewability – meaning you can renew your coverage for another term (usually up to 10 years) without having to take an exam to prove your insurability.

Learn more about term life insurance over 50.

Life Insurance Policy Questions to Ask

What are some important questions to ask before buying a new life insurance policy?

When it comes to purchasing life insurance you may want to consider asking the following questions about your new policy:

• How much life insurance coverage does it provide?
• How long will my life insurance coverage last?
• Will my rate ever increase, if so, when and by how much?
• Can the insurer cancel my life insurance if my health changes?
• Are there any exclusions to the coverage provided by my life insurance policy?
• Can I add life insurance coverage for my spouse (and children)?
• What is the cheapest premium payment option?
• How can I change beneficiaries to my life insurance policy?
• Can I have premium payments automatically sent direct from my checking account?
• Can I renew my life insurance policy?

Here are some life insurance faqs to help you learn more about life insurance coverage.

What is Renewal of a Life Insurance Policy?

The renewal of a life insurance policy is when you extend coverage of an existing plan for an additional period of time.

Renewal of life insurance refers to renewing coverage on a term life insurance policy.

Term life is temporary coverage for a period of up to 30 years. Some term life policies offer the option to renew coverage for another term when your original plan ends, if you feel you need life insurance to last a longer period of time.

Some term life plans offer renewal policies for a term of 10 years.

Learn more about life insurance renewals and how they work.

Life Insurance – Where to Start?

I need life insurance but I don’t know where to begin learning about my options and deciding which type is right for me?

There are several helpful life insurance websites available, but one that provides several good life insurance resources including life insurance quotes to compare prices, a life insurance calculator to figure out how much life insurance you need, and a comparison of term life insurance versus whole life insurance so you can decide which type of coverage may be right for you.

Here are some helpful life insurance resources to get you started in your research of life insurance.

Is there Life Insurance where you get Money Back?

Yes, there are permanent and term life insurance policies that may offer some money back.

For example, if you have permanent life insurance that has built up some cash value inside your policy over several years, and then you decide to cancel your policy, you may receive the cash value back from your policy.

Also, if you buy a return of premium term life insurance policy and you outlive the duration of your policy term, then the insurer returns most of the premiums you paid back to you.

Learn more about return of premium life insurance coverage.

Term Insurance with No Physical?

Is it possible to purchase a term life insurance plan without having to take any physical examination?  Yes.

How much coverage can I buy without an exam? You may qualify to buy up to $1,000,000 of coverage with no exam – but that depends on your age, gender, and the insurance company.

Keep in mind, you may be able to purchase no exam term insurance form two or more carriers.

However, rates are generally up to 10% higher (or more), compared to term policies that require you to take a physical.

How long does it take to start my no exam policy? Actually, you can apply online (safe and secure) in about 15-20 minutes and find out if you qualify in as little as 8 seconds after completing the application. Once approved, you can select a payment option and start your life insurance coverage right away.

Here’s how to learn more about purchasing term insurance with no physical exam.