There are about 2100 life insurance companies, WOW, did you have any idea? Going
through the list of companies would give anyone a headache, let alone trying to determine
which one to trust as your carrier. What constitutes the best insurance carrier? In business about 100 years, financial strength and competitive pricing.
If you're searching for the absolute cheapest premium just be sure of quality before you leap. There is a difference in the quality of life insurance companies. If you do pass away before
the policy expires your family is supposed to get a check, not a "we're sorry" letter. Once
the quality companies are determined, it's just a matter of who has the lowest premium as
term life is a commodity product. It's all the same if comparing apples to apples options.
To get the most accurate term quote be sure to fill out all the health questions. What good
is a quote if you can't qualify for it? Depending on which company applying with and the amount of term needed, you may or may not have to submit to a Paramed exam for blood and urine samples.
Finally, the purpose of term is to protect remaining family members from debt and to secure
for them future needs. Debt being a mortgage, car payments, credit card and misc loans
with the biggest of the bunch being the mortgage which is a shrinking obligation that gets
paid off in the latter years of life.
Future needs to consider are collage exspences, providing enough to care for spouse and
any other goals or protections one may have in mind for remaining family members.
For a free quote and Insiders Guide to Life Insurance Click Here