Tag Archives: Life

Endowment Life Insurance Advice – Quotes At, endowment life insurance.#Endowment #life #insurance

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Endowment Life Insurance

Endowment life insurance

Got a question about life insurance? Check out our FAQs section to find out more.

Endowment life insurance

An endowment policy is a type of insurance that works in a similar way to an investment or savings plan. It is one of the more expensive insurance solutions on the market but the benefit is that the policy holder is guaranteed a pay-out at the end of the term.

Endowment policies are similar to term policies as they only cover the holder for a predetermined amount of time, but the fact that there is a guaranteed pay-out differentiates it from term life insurance.

You may not lend against your endowment policy and the amount paid in is generally locked up until the end of the agreed term. If you do attempt to access the funds before the end of the term you could face charges and penalties as well as tax payments on the amount accumulated.

There is a certain amount of risk involved when taking out endowment policies. There is always a minimum guaranteed payback amount but this may be a lot less than you have put into the policy over the years. The value of the investment can fluctuate during its course so make sure you sought out the best deal before going ahead with a policy.

  • There will definitely be a lump sum pay-out in any eventuality
  • Your pay-out is not taxable as your payments are internally taxed
  • You can decide on the term
  • You can save for a long term goal
  • Your minimum pay-out is secured

Don’t risk it! Get quotes from the top UK life insurance providers, fast and simple Get a fast quote now

Endowment life insurance


Legal – General – Endowments and savings plans bonus declaration, endowment life insurance.#Endowment #life #insurance

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Endowments and savings plans bonus declaration.

With profits endowments and savings plans performance history

The table below shows the investment returns for the assets that specific with profits endowments and savings plans invest in, over the last five years.

Unitised life policies including:

  • Capital Accumulation
  • Capital Investment Portfolio
  • Capital Preservation
  • Flexible Investment Plan
  • Flexible Mortgage Plan
  • Flexible Protection Plan
  • Unit Savings (Prospects and New Savings Plan)

Conventional life policies including:

  • Build Up
  • Cash Builder
  • Endowment
  • Low Start Build Up
  • Progressive Build Up Plus
  • Progressive Flexible Build Up
  • Progressive Investment
  • Treasure Chest
  • Whole of Life Plan

Performance is for calendar years, 1 January to 31 December. The investment returns shown are after tax but before we have taken off investment expenses and any plan charges. Please note that all investment returns are rounded to the nearest percent.

Past performance is not a guide to future performance.

With profits endowments and savings plans investment mix

The money invested in a with profits endowment or savings plan is combined with money from other with profits investors in the With Profits Fund. The With Profits Fund invests in a mix of assets, such as UK and overseas shares, fixed interest securities and commercial property.

While everyone is invested together in the With Profits Fund, the investment approach may vary depending on the type of plan held. This may be for a number of reasons, one of which is to reflect the features and benefits of different with profits products.

The table below shows the asset mix for our with profits endowments and savings plans as at 31 December 2016.

ASSET MIX AS AT 31 DECEMBER 2016

FIXED INTEREST SECURITIES

Unitised life policies including:

  • Capital Accumulation
  • Capital Investment Portfolio
  • Capital Preservation
  • Flexible Investment Plan
  • Flexible Mortgage Plan
  • Flexible Protection Plan
  • Unit Savings (Prospects and New Savings Plan)

Conventional life policies including:

  • Build Up
  • Cash Builder
  • Endowment
  • Low Start Build Up
  • Progressive Build Up Plus
  • Progressive Flexible Build Up
  • Progressive Investment
  • Treasure Chest
  • Whole of Life Plan

Factors affecting the bonus amount

Investment returns, less any tax applicable, are the most important factor in deciding how much bonus we pay. These depend on the mix of assets your policy is invested in and how these assets have performed.

We also consider the following:

  • Historic investment returns experienced over the period of your investment.
  • Bonuses already declared.
  • Our view of future investment conditions.
  • When you started your policy.
  • The effects of smoothing.
  • The type of with profits policy you have and the terms of your policy, including the type and extent of any guarantees.
  • Money built up in the With Profits Fund that is over and above what we expect to need for future obligations such as tax, expenses and future bonuses to policyholders.
  • The costs of running your policy.
  • Any other adjustments, for example to cover an increase in the cost of guarantees and options. For the bonus declaration for 2016, there will be no adjustments.

With profits plans are designed to smooth returns. Smoothing means that in years of good investment growth we may hold back some of the investment returns, so that we can top up bonuses in years where the performance is not as good. This means that the returns, or bonuses, added to a plan over the years will not be the same as the returns shown in the table at the top of this page. You can find more information on smoothing in our Understanding Smoothing (PDF: 44KB) factsheet.

It is worth remembering that the value of your investment can fall as well as rise and you could get back less than you invested.

Need to get in touch?

If you have a query about your with profits product, please give us a call or send us an email.


Endowment policies – Money Advice Service, endowment life insurance.#Endowment #life #insurance

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Endowment policies

An endowment policy is an investment product that you buy from a life assurance company. They are set up as regular savings plans and at the end of a set period pay out a lump sum. The policy includes life assurance, so it will also pay out if you die during the term.

An endowment policy regular savings plan might be beneficial for you if you:

  • want to save for a particular event or goal over the long term, usually at least ten years
  • understand that the value of your investment can go down as well as up and you might get back less than you invested
  • want to receive a non-guaranteed lump sum at the end of your investment term

How are endowment policy regular savings plans used?

If you don’t understand a financial product get independent financial advice before you buy.

People might use endowment policies for the following reasons:

  • General investment.
  • A specific savings goal.
  • Interest-only mortgages – at one time these types of endowments were a very common way of saving to pay off an interest-only mortgage, but that is no longer the case.

How they work

  • You make monthly or annual payments.
  • Part of your monthly payment is used to buy life assurance. How much depends on your age, sex, and how long the endowment is for.
  • The rest of your payment is invested either on a with-profits basis or a unit-linked basis (see ‘How your money is invested’ below). The size of the lump sum you get at the end of your endowment often depends on the performance of these investments.

How your money is invested

Your money might be invested on a with-profits basis.

This means your savings are pooled with other investors’ money and invested by the insurance company in a range of different investments, typically including:

This pool is used to meet the costs of running the insurer’s business and then what’s left over (the profits) are shared with you and the other investors by declaring bonuses that increase the value of your policy.

Alternatively, you can choose policies where you invest on a unit-linked basis.

It’s then up to you to decide how you want to invest your money, by choosing from a range of different investment funds.

These might be funds run by the life insurance company or they might be a range of unit trusts and open-ended investment companies (OEICs) run by separate companies.

You can switch between different funds, if you want to, without cashing in your policy.

The first one or two switches are often free but there might be charges if you switch more often.

Risk and return

  • Endowment policies guarantee to pay back a certain minimum amount provided they are held to the end of the term (unless they are unit linked) or death.
  • The value of with-profits investments is designed to grow steadily as bonuses are added. Usually bonuses, once added, can’t be taken away. But if you cash in your policy before the end of the term, some of the bonuses might be clawed back through a special charge (called the Market Value Reduction, MVR, or Market Value Adjustment, MVA).
  • The value of your unit-linked investments can go down as well as up and you might get back less than you invested. Growth will depend on the performance of the funds you choose. By choosing funds that invest in a variety of investment types, you can weather the ups and downs of the market better. Find out more about Diversifying – the smart way to save and invest.

Access to your money

  • Your money is not easily accessible until the end of the policy term.
  • If you do want to end your policy early, you’ll probably have to pay high charges and penalties.

Charges

  • There might be an administration fee deducted from each of your regular payments.
  • If you invest on a with-profits basis, various costs and charges are deducted from the investment fund before bonuses are worked out. You can ask the company for a guide explaining how bonuses are worked out.

If you invest on a unit-linked basis, there will be a variety of charges deducted from each fund.

It’s also important to understand any exit charges.

Endowments are a long-term investment, and you might have to pay charges and penalties if you want to get out early.

Safe and secure?

Your money is secure except in the unlikely event of the insurance company going bust.

You cannot claim compensation simply because the value of your investment falls.

The tax you pay on your endowment policy will depend on your circumstances.

Where to get an endowment policy

You can buy endowment policies through a financial adviser or directly from an insurance company.

Before you take out an endowment policy you should get a ‘Key Features’ document that explains the advantages and disadvantages of the product.

If you’re still not sure if endowment policies are right for you, it’s best to get financial advice.

There might be an alternative that’s better for you.

If things go wrong

If you’re unhappy with the service you get or you want to make a complaint, read Sort out a money problem or make a complaint.

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  • What are the different types of term life insurance policies, III, what is a term

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    What are the different types of term life insurance policies?

    IN THIS ARTICLE

    Term insurance comes in two basic varieties—level term and decreasing term. These days, almost everyone buys level term insurance. The terms “level” and “decreasing” refer to the death benefit amount during the term of the policy. A level term policy pays the same benefit amount if death occurs at any point during the term.

    Common types of level term

    • Yearly- (or annually-) renewable term
    • 5-year renewable term
    • 10-year term
    • 15-year term
    • 20-year term
    • 25-year term
    • 30-year term
    • Term to a specified age (usually 65)

    Renewable term policies

    Yearly renewable term, once popular, is no longer a top seller. The most popular type is now 20-year term. Most companies will not sell term insurance to an applicant for a term that ends past his or her 80th birthday.

    If a policy is “renewable,” that means it continues in force for an additional term or terms, up to a specified age, even if the health of the insured (or other factors) would cause him or her to be rejected if he or she applied for a new life insurance policy.

    Generally, the premium for the policy is based on the insured person’s age and health at the policy’s start, and the premium remains the same (level) for the length of the term. So, premiums for 5-year renewable term can be level for 5 years, then to a new rate reflecting the new age of the insured, and so on every five years. Some longer term policies will guarantee that the premium will not increase during the term; others don’t make that guarantee, enabling the insurance company to raise the rate during the policy’s term.

    Some term policies are convertible. This means that the policy’s owner has the right to change it into a permanent type of life insurance without additional evidence of insurability.

    “Return of premium”

    In most types of term insurance, including homeowners and auto insurance, if you haven’t had a claim under the policy by the time it expires, you get no refund of the premium. Your premium bought the protection that you had but didn’t need, and you’ve received fair value. Some term life insurance consumers have been unhappy at this outcome, so some insurers have created term life with a “return of premium” feature. The premiums for the insurance with this feature are often significantly higher than for policies without it, and they generally require that you keep the policy in force to its term or else you forfeit the return of premium benefit. Some policies will return the base premium but not the extra premium (for the return benefit), and others will return both.


    Term Life Insurance: Term Life Rates – Quotes: Farmers Insurance, what is a life insurance.#What

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    Term Life Insurance

    Term life insurance offers affordable life insurance option with level premiums that generally last for a 10-, 20-, or 30-year term.

    Term Life Insurance Policies

    Term life insurance policies generally offer the greatest amount of coverage for the lowest initial cost – they are the most straightforward form of coverage. If you have shorter-term needs and limited money to spend on insurance, a term life insurance policy from Farmers New World Life Insurance Company may be the best fit for you.

    Policyholders generally pay a premium on a monthly or annual basis for the length of that term. Proceeds help to cover financial responsibilities that decrease or end over time, like mortgages or car loans, should something happen to the insured. With term life policies, premiums will increase at the end of the fixed-term period.

    Term life insurance policies are typically used to help provide additional life insurance coverage during child-raising years, to help pay for short-term debts, to help pay off a mortgage, or to fund a college education should the unexpected happen.

    Farmers Simple Term 2

    Simple Term life insurance coverage is designed with a simplified life insurance application and accelerated underwriting process. This product offers level-term insurance with face amounts low enough to fit many budgets, and premiums that are guaranteed level for 10, 20, or 30 years.

    • Coverage starting at $75,000
    • Convertible to lifelong 3 coverage that may build cash value regardless of health
    • No lengthy forms, medical exams or lab tests required, however, issuance of a policy may depend on answers set forth in the application

    Farmers Value Term 4

    Farmers Value TermВ® provides affordable life insurance coverage with premiums that are guaranteed not to increase for 10, 20, or 30 years. When you need enough coverage to help protect your family against loss of income or the cost of a mortgage, Farmers Value Term may be a cost-effective solution for you.

    • Guaranteed level death benefit 5
    • Convertible to lifelong coverage that may build cash value, regardless of health
    • Coverage starting at $150,000

    Farmers Decreasing Term 6

    Farmers Decreasing Term life insurance is decreasing-term coverage with premiums guaranteed to remain level as long as the policy is in force. The death benefit decreases monthly, rather than annually, to more closely follow the declining loan balance of a traditional fixed home mortgage. The death benefit amount decreases to 20% of the original face value over the duration of the term.

    • Coverage starting at $25,000 7
    • 15, 20, 25, and 30-year policies are available

  • Convertible to lifelong coverage that may build cash value regardless of health

    2 Policy form 2005-261 or applicable state variation. Available face amounts may vary. Premiums are subject to change after the initial term period.

    3 Lifelong coverage is guaranteed as long as all the premiums are paid to keep the policy in force.

    4 Policy form 2000-228, 2000-230, 2002-226 or applicable state variation. Premiums are subject to change after the initial term period.

    5 The death benefit is guaranteed according to the terms of the contract and provided that premiums are paid.

    6 Policy form 1995-255-258 or applicable state variation.

    7 Coverages starting at $25,000 in most states; $50,000 in TX and CA.


  • What is term life insurance? Ultimate Guide to Retirement, term life insurance.#Term #life #insurance

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    What is term life insurance?

    Term insurance is basic, inexpensive and easy to understand. It gives you all the coverage you need and none that you don’t. That’s why it’s the best choice for almost everyone.

    As the name implies, a term insurance policy is good for a specific period of time; that can be one year, 10 years, 20 years or even up to 30 years. Given that you generally need life insurance only until you’ve managed to save up money elsewhere, just pick the term that dovetails with the time you need coverage. If you die during that term, your beneficiaries get a payout, known as the death benefit. If you die after the term expires, there’s no payout.

    Term policies typically have maximum issue ages. If you’re past age 80, you’ll have a hard time getting term insurance. (You almost certainly won’t need it at that age anyway.)

    Term life insurance

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    What are the different types of term life insurance policies, III, term life insurance.#Term #life

    by ,

    What are the different types of term life insurance policies?

    IN THIS ARTICLE

    Term insurance comes in two basic varieties—level term and decreasing term. These days, almost everyone buys level term insurance. The terms “level” and “decreasing” refer to the death benefit amount during the term of the policy. A level term policy pays the same benefit amount if death occurs at any point during the term.

    Common types of level term

    • Yearly- (or annually-) renewable term
    • 5-year renewable term
    • 10-year term
    • 15-year term
    • 20-year term
    • 25-year term
    • 30-year term
    • Term to a specified age (usually 65)

    Renewable term policies

    Yearly renewable term, once popular, is no longer a top seller. The most popular type is now 20-year term. Most companies will not sell term insurance to an applicant for a term that ends past his or her 80th birthday.

    If a policy is “renewable,” that means it continues in force for an additional term or terms, up to a specified age, even if the health of the insured (or other factors) would cause him or her to be rejected if he or she applied for a new life insurance policy.

    Generally, the premium for the policy is based on the insured person’s age and health at the policy’s start, and the premium remains the same (level) for the length of the term. So, premiums for 5-year renewable term can be level for 5 years, then to a new rate reflecting the new age of the insured, and so on every five years. Some longer term policies will guarantee that the premium will not increase during the term; others don’t make that guarantee, enabling the insurance company to raise the rate during the policy’s term.

    Some term policies are convertible. This means that the policy’s owner has the right to change it into a permanent type of life insurance without additional evidence of insurability.

    “Return of premium”

    In most types of term insurance, including homeowners and auto insurance, if you haven’t had a claim under the policy by the time it expires, you get no refund of the premium. Your premium bought the protection that you had but didn’t need, and you’ve received fair value. Some term life insurance consumers have been unhappy at this outcome, so some insurers have created term life with a “return of premium” feature. The premiums for the insurance with this feature are often significantly higher than for policies without it, and they generally require that you keep the policy in force to its term or else you forfeit the return of premium benefit. Some policies will return the base premium but not the extra premium (for the return benefit), and others will return both.


    Life Insurance Quotes – See Life Rates Now, Progressive, what is a life insurance.#What #is

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    Life Insurance

    The younger you are, the more affordable your rates may be

    Life insurance is your financial safety net

    Progressive Life by Efinancial can help your family maintain the lifestyle they’ve grown to love and provide longer-lasting financial security. Your family can use it to help pay for funeral expenses, housing costs, medical bills not covered by health insurance, children’s college, debts and just about anything else they may need.

    Simply put: life insurance can remove many of your financial worries. Just get a life insurance quote today, check these worries off your list and your family could be better protected.

    Life insurance rates are more affordable than you might think

    Progressive offers affordable life insurance rates starting at $14 per month. *

    Coverage options start at $50,000 and go all the way up to $1 million. The younger and healthier you are, the more affordable your rates can be.

    What is life insurance and how it works

    A life insurance policy works similarly to any other type of insurance policy. You determine how much coverage you need, how long you need it and then you make your payments (called premiums). You typically can choose to pay monthly, annually or quarterly for 10, 20, 30 years or over your lifetime to maintain the coverage. When you die, if your policy is still active, the people you’ve listed on your policy (called your beneficiaries) get paid the death benefit. In most cases, this payment is paid in one lump sum.

    Different types of life insurance

    Term life insurance

    Typically gives the most bang for your buck with the most affordable premium payments and a comparable payout.

    Permanent life insurance

    Gives you a guaranteed payout no matter what age you are or when you pass away, as long as you keep paying your premiums.

    Final expense insurance

    Offers more affordable premium payments and is designed for final expenses, such as medical bills, credit card debt, funeral costs, etc.

    Get a life insurance quote online and compare rates in just 5 minutes

    We partner with Efinancial to bring you one of the industry’s leading searching and comparing technologies. It’s 100% secure, and Efinancial works with top-rated life insurance companies to bring you some of the most competitive rates.

    Get a life insurance quote, and you can instantly compare policy options and estimated rates from several leading life insurance companies.

    Get a life insurance quote online or call for expert advice

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    Copyright 1995 – 2017. Progressive Casualty Insurance Company . All Rights Reserved.

    We offer insurance by phone, online and through independent agents. Prices vary based on how you buy.

    Progressive Specialty Insurance Agency, Inc. refers consumers seeking Progressive Life Insurance by Efinancial LLC for placement with insurers offering that coverage. Efinancial and the insurers are not affiliated with Progressive.

    PSIA and Progressive are not responsible for insurer or coverage selections, policies issued, claims, the content or operation of others’ websites, or how others handle or use your information. Information you provide to others is subject to their privacy policies and website terms of use, and may be shared with us.

    PSIA receives compensation that may vary based on the number of applications taken by Efinancial and the policy you buy. Contact us for more details.

    Price, coverage, and coverage terms and conditions may vary between insurers. Availability may vary by state.

    * Quotes based on a composite of participating carriers which have at least an “A-” rating by A.M. Best. Rates current as of 12/20/2016 for a Guaranteed 10 year term-life policy, $250,000 in coverage issued at each company’s best-published rates. Sample rate is for a preferred plus, non-tobacco user, male and female age 20-30. Rates and the products available may vary by state. All policies are subject to underwriting approval.


    Life Insurance at Work, MetLife, what is a life insurance.#What #is #a #life #insurance

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    Life Insurance

    Life insurance helps protect your loved ones if you are no longer here to provide for them.

    Term Life Insurance

    Permanent Life Insurance

    A comprehensive suite of workplace benefits including grief counseling, will preparation, travel assistance and more.

    What is a life insurance

    A death in the family is not only emotionally devastating, it can also take a tremendous toll on the future financial security of a family. Suddenly, without the deceased’s income, paying the mortgage or providing for a child’s college education may become much more difficult.

    Those who buy life insurance do so to help ensure their loved ones are taken care of financially. Life insurance is a promise by an insurance company to pay those who depend on you a sum of money upon your death. In return, you make periodic payments called premiums. Premiums can be based on factors such as age, gender, medical history and the dollar amount of the life insurance you purchase.

    In the event of your passing, life insurance provides money directly to the individuals you select, your beneficiaries, who can use the money as they see fit, including:

    • Replacing lost income
    • Covering basic living expenses
    • Paying household debts, estate taxes and funeral expenses
    • Funding a child’s education
    • Supplementing retirement savings

    Life insurance comes in two main types – term and permanent – which may both be available through your workplace.

    Term life insurance pays a specific lump sum to your loved ones for a specified period of time – usually from one to 20 years. If you stop paying premiums, the insurance stops. Term policies pay benefits if you die during the period covered by the policy, but they do not build cash value. They may also give you the option to port. That is, you can take the coverage with you if you leave your company.

    Generally, you should consider a term life insurance policy to:

    • Get valuable coverage at an affordable price
    • Help cover specific financial responsibilities like a mortgage or college expenses
    • Supplement a permanent policy

    Permanent life insurance policies do not expire. They are intended to protect your loved ones permanently, as long as you pay your premiums. Some permanent life insurance policies accumulate cash value. That means, the value of the policy will grow each year, tax-deferred, until it matches the face value of the policy. The cash can generally be accessed via loans or withdrawals, and can be used for a variety of purposes. This type of plan is typically portable so coverage can continue if employment terminates.

    Consider a permanent insurance policy if you want:

    • Protection for life
    • Payments that stay the same each year
    • To put additional money into the policy on a tax-favored basis
    • Cash value you can use while you are living

    Getting life insurance through work can be an easy way to protect your family. If your employer offers a group plan, consider signing up for advantages that may include:

    • Competitive group rates
    • Guaranteed issue, meaning you can get a certain amount of coverage without answering health questions or taking a medical exam
    • Convenient payroll deductions
    • Easy access to enrollment and educational tools that can help you make the right decisions about the type and amount of insurance that’s right for you
    • The confidence of knowing that your employer has reviewed and selected the plan

    All you have to do is sign up, and sometimes enrollment is automatic.

    While you won’t be able to pinpoint the amount you’ll need to the penny, you can make a sound estimate. Your goal should be to develop a life insurance plan that, following your death, will allow your family to live comfortably without your economic contribution. Also consider the effect of inflation over time. The amount needed for retirement or college 20 years from now is likely to be significantly higher than today.

    To estimate the amount of life insurance your family would need, first calculate everything you now provide for your family including:

    • Salary
    • Benefits/health insurance
    • 401(k) and retirement savings
    • Personal services you perform for your family, such as child care, cooking, home maintenance, etc.

    Then, subtract your personal expenses including:

    • Annual spending on personal needs, such as food, clothing, entertainment, etc.

    Life insurance through your workplace may be more affordable than you think. In fact, many people can get term life insurance coverage from a quality company for a surprisingly low price. 1

    Premiums are typically based on factors such as:

    • Age, sex, height and weight
    • Health status, including whether or not you smoke
    • Participation in high-risk occupations

    Life insurance gets more expensive as you get older, and the type of coverage you choose will also affect your premium. Rates for term insurance are typically lower, while rates for permanent policies are typically higher.

    Yes. MetLife’s one year term products (including products underwritten by General American Life Insurance Company) offer affordable protection when you require insurance for the short term. These products are designed to provide the right amount of protection when it’s needed most, or to supplement a policy you already have. Premium rates can be found here. For more information contact MetLife’s Specialized Benefit Resources at 877-638-3932, and press 2 for New Business.

    Death benefits are generally received income tax-free by your beneficiaries. In the case of permanent life insurance policies, cash values accumulate on an income tax-deferred basis. That means you would not have to pay income tax on any of the policy’s earnings as long as the policy remains in effect. In addition, most policy loans and withdrawals are not taxable (although withdrawals and loans will reduce the cash value and death benefit). 2

    What is a life insurance


    Instant Term Life Insurance Quotes – Compare – Save – 100% Online, what is term

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    You will be empowered with live rate comparisons from our active quoting engine, which does not require any personally identifiable information. This way, you can shop anonymously without being hassled by high pressure sales pitches. You can simply view the most current rates side-by-side. Then, you can make the most informed decision about which type of term life insurance policy is the best for your family. These live life insurance quotes and rates come directly from a network of nationwide insurers, which are regulated by each state. So you know you are getting reliable quotes from reputable companies.

    You can compare life insurance quotes quickly with our easy-to-read chart, which is updated in real-time. With these unique features, you’ll be amazed at how simple it is to save up to 70% by using our service over other ways to shop for insurance.

    Three Simple Steps

    1. Fill Out Basic Information

    None of your personal contact information is needed. Not your name, phone number or email address. Just enter basic stats such as the coverage amount you want, your age and gender, and state you live in, your height and weight, your general health and your tobacco use. This information is used to generate rates that would be given to a person with your health and lifestyle so you can view the most accurate rates.

    Compare life insurers side-by-side. You can view the length of the policy, coverage amount, monthly and annual premium, and the AM Best Rating of the life insurance company. All this information is presented in an easy-to-read, user-friendly chart.

    Choose the best coverage at the most affordable rate then apply online. You can save up to 70% on your coverage! Yes, it’s that quick and easy.

    We Offer More Than Just Free Life Insurance Quotes

    TermLifeInsurance.com offers more than just free, real-time quotes. You can easily navigate through the website to answer any questions you may have about term life insurance, read about the latest industry news and learn more about our company.

    You can learn about different types of life insurance coverage offered to help you determine what option is best for your family by choosing the Product Info tab. Under Tools & Tips, you can find answers to your questions with our FAQ, keep up-to-date with the latest news, learn from our articles and gain an understanding of terms with our glossary. You can also check out the term life insurance calculator, which is a simple and convenient way to determine your specific needs. Visit our Blog to read continually updated articles and connect with others.

    At TermLifeInsurance.com, we are working hard to continue to build a website that offers more than just free term life insurance quotes. Our quote engine analyzes and compares real-time term life insurance rates from “A” rated insurers nationwide. Stop using third party websites that sell your information to multiple agents who then bombard you with phone calls. Forget having to type out your personal information on multiple direct carrier websites. We save you time and money by allowing you to view live rates and make side-by-side comparisons. TermLifeInsurance.com truly does make it easy to shop for term life insurance online.

    Our technology allows you access to carrier rates anonymously. Utilizing our free service you can rest assured knowing how the competition stacks up before you take the time to review a policy from your local insurance agents. We are dedicated to providing you with unbiased rate comparisons and up-to-date information so you, the consumer, can make an informed and educated decision.

    Furthermore, when and if you decide a policy’s price and coverage matches your needs, we can assist you by answering your questions and submitting the application directly to the life insurance company. Our service is 100% free and you can rest assured knowing you made the right choice to compare providers before buying any type of life insurance.