Finding Term Life Insurance Online

If you shopping for affordable life insurance you may be searching online for a term life insurance policy to protect the ones you love and fit your budget.

 

How Can You Find Term Life Insurance Plans Online?

First, let’s review what term life is and how it works.

 

Term Life Insurance Explained

 

Term insurance is a type of life insurance policy that provides temporary protection lasting for a set period of time, usually up to 30 years.

You may select a policy term of 10, 15, 20, 25 or 30 years of coverage and a guaranteed benefit. 

Coverage usually starts at a minimum of $50,000 up to $2,000,000 or more, and premiums are level for the initial policy term. 

Once past the level premium period, premiums will increase annually, unless your coverage expires after the initial policy term. 

Some term life plans may be guaranteed to renew up to age 95 and are convertible to a permanent life insurance policy regardless of health, subject to age limits.

 

Example: 10 Year $250,000 Term Life Plan

You are insured for a period of 10 years. If the insured person dies during that 10-year period, the death benefit is paid out to the beneficiary of the policy. The owner of the insurance plan selects the beneficiary.

If the insured person is alive when the 10-year term ends, there is no death benefit payout and the coverage expires.

 

Types of Term Life Insurance 

 

There are several different types of term policies you may choose from, including the following:

• Level Term – The most popular type of term life coverage available. Your premiums stay the same each year for the duration of your policy, while the amount of life insurance stays level throughout your policy term.
• Decreasing Term – You pay the same premium each year, but the amount of insurance declines each year.
• Annual Renewable Term – You have coverage for one year, and you may renew your policy for another year when the original policy expires, but the premium increases each year at renewal.
• No Exam Term Life – Healthy individuals who qualify for coverage may purchase no exam term policies direct online and start their coverage the same day.

 

Term Life Insurance Tips

 

You probably wondering how you can save money on your term policy. 

If so, here are some helpful tips to get the most affordable term life coverage:

Tips for Comparing Term Life Quotes:

• Compare Multiple Quotes from Several Insurers – Compare rates from several life insurance companies.
• Choosing a Policy Term – Compare pricing for 10, 15, 20 and 30 years of term life coverage.
• Rating of Insurer – Consider the financial strength rating of the insurance carrier. The higher the rating, the greater the financial stability of the insurer.
• Amount of Coverage – Don’t buy more life insurance than you need. Choose an amount of insurance protection that meets your needs for now and your future goals.
• Comparing Limits of Coverage – Make sure you compare pricing at different amounts of coverage, to see if a higher limit may still provide you with affordable protection.
• Buy Now – Buy life insurance while you are young and healthy as rates increase with age.

 

NOTE: Life insurance quotes are Free. This is no charge to compare pricing on term life policies.

 

NO Exam Option: Yes, you may be able to purchase a term life policy without having to take any health examination. Today, more and more people are choosing to purchase their life insurance direct online without taking a medical exam. And, rates for no exam term life plans can be affordable compared to those policies that do require a physical.

 

What Do Comparisons for Term Life Premiums Provide?

When you request comparisons quotes for term life you receive multiple quotes from several different life insurance companies which usually provide the following information:

• The names of the insurance companies.
• Financial strength ratings of the insurers.
• The type and amount of life insurance quoted.
• The premiums quotes for the life insurance coverage.
• The premium payment options available.

In addition, the quote providers have a phone number and email address available for providing assistance with understanding your life insurance quotes and helping you to apply for your life insurance policy.

 

How to Save Money on Life Insurance

 

There are several tips you can use to help you get more affordable life insurance premiums on your coverage.

• Compare Multiple Quotes – You may save up to 50% or more on your premiums by comparing prices among several insurers.
• Choose Term over Permanent – Permanent life insurance costs up to 5-10 times more than term insurance policies.
• Annual Premium Payments – Insurers charge an additional processing fee for monthly or quarterly premium payments. Paying premiums once (annually) per year will save you money.
• Get Healthy – Improve your overall health by eating right, exercising and lowering your cholesterol to qualify for a better rate on life insurance.
• Quit Smoking – Smokers pay up to 5-10 times more than non-smokers for the same amount of life insurance protection.
• Lose Weight – People who are obese or overweight pay a higher premium because of the greater risk of developing health problems which could shorten your life expectancy.
• Avoid High Risk Hobbies – People who take part in high risk hobbies; such as, B.A.S.E. Jumping, mountain climbing, racer driving or skydiving pay a higher rate for life insurance.

 

What are the Benefits of Comparing Multiple Term Life Insurance Quotes?

There are several benefits to comparing life insurance quotes online, including:

• Convenience – You can compare instant life insurance quotes online from the convenience of your home or office any time of the day or night.
• No Sales Pressure – You can use your computer to compare quotes there’s no need to meet with an insurance agent, and no sales pressure.
• Quick and Easy – It only takes a couple of minutes to fill out a quote request form and receive your free, instant term life quote comparisons online.

 

Tips for Comparing Life Insurance Quotes

 

Keep in mind when comparing your quotes for life insurance from several insurers make sure you consider not only the lowest prices, but how long the insurer has been in business and their financial strength rating.

Also, after reviewing your price quotes you may want to contact your family members and friends to ask if they have any experience with the life insurance carrier you are considering buying your life insurance policy from – they may have a policy with the insurer and know whether or not the insurance company is good and provides good customer service.

When shopping for your life insurance policy make sure you consider how long you will need protection (how many years) and how much you can afford to spend each month on your life insurance plan.

 

Why Compare Rates with JRC Insurance Group?

JRC Insurance has helped over 100,000 American families find affordable protection from quality life insurers over the last 10+ years.

JRC Insurance has a network of top carriers including Prudential, Metlife, Fidelity Life, Transamerica, Mutual of Omaha, Lincoln Financial, and American General, among others from which you can shop and compare plans and prices.

They also have licensed professionals available by toll-free phone or email to assist you in learning all about your options for life insurance and how the buying process works, including how to prepare for a medical exam, as well as, providing you with answers to any questions you may have about life insurance terms and coverage.

 

How to Get Term Life Quotes

The process of comparing quotes is quick and easy, and there’s absolutely no obligation.

Three Simple Steps

1. Answer a few simple questions on the Quote Request form.
2. Instantly compare price quotes from top-rated carriers.
3. Select the life insurance policy that’s right for you.

 

Term 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 40+ 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.

 

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Finding Term Life Insurance Online

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