Buying a $500,000 Life Insurance Policy
Do You Want to Purchase a $500,000 Life Insurance Policy?
If so, you may want to learn about how you can find the best price from the highest rated life insurance company.
First, you want to decide what type of life insurance to buy, term life or permanent life insurance. Term life usually costs 2-3 times less than permanent insurance, and can provide guaranteed rates for up to 30 years.
How Long Do You Need Life Insurance?
If you need it for a period of 1-30 years, then term life may offer the most affordable option for you.
How to Find the Lowest Price for Your Policy?
By comparing term life insurance quotes online from several highly-rated life insurers. That way you get side-by-side comparisons of the prices, and financial strength ratings of the companies.
Do I Have to Take a Medical Exam?
Most life insurers will require a full medical exam, including an EKG and blood tests, in order to qualify for a $250,000 life insurance policy.
Life Insurance with No Medical Exam
However, there is an "A" rated life insurer that offers up to $500,000 of term life insurance with no medical exam required, just a few health questions.
And, if you are healthy and qualify, you may start your life insurance policy today. Your policy comes with a 30 day money-back guarantee, so there’s no risk.
When comparing your term life insurance quotes for your 500,000 life insurance policy, make sure you consider the following:
- Term – Choose from 10, 15, 20, or 30 years of coverage.
- Guaranteed Rates – Are the rates guaranteed for the entire term of your policy?
- Financial Rating – Is the insurer rated "A" excellent, or better, by AM Best Company for financial strength?
- Renewable – Is the policy renewable when it expires? Can you renew it for another term if you want? This is an option to consider, but it may cost you additional premium.
Life Insurance Quotes
Top Pick – JRC Insurance Group
JRC Insurance Group helps you shop, compare and save on life insurance. Regardless of your age or health background, we'll shop our 63 top life insurance companies and find you affordable life insurance you need to protect your family and fit your budget. Compare the best life insurance rates for savings up to 73%. Get Your FREE Quote.
$750,000 Life Insurance No Physical Exam
Disclosure: Compensated Affiliate