Choose Term Life Length
You decide how many years your policy will last which is the term of the life policy and select the coverage amount that will be paid out if you die (the death benefit).
Payment
You pay for the policy in the form of monthly or annual premiums. You can compare quotes from multiple life insurance companies to see the different rates they charge for life insurance coverage.
Claims
If you pass away while your term life insurance policy is in force, the death benefit is paid out to your beneficiaries listed in the policy. If your policy has living benefits and you need to file a claim, please refer to your policy and contact us if you have additional questions.
How much does term life insurance cost?
Term life insurance costs less than most people think. It’s typically best practice to have enough life insurance that is 10 to 15 times your income, but it depends on your financial circumstances.
Each life insurance has different requirements and factors that affect your insurance rating.
We make it easier for you to select the best insurance company for you and if you have health conditions, we’ll guide you to the proper selection. Making sure you get the best rates for you and your family and the coverage needed.
The following factors will determine the cost of your life insurance policy rating and monthly premium (cost):
- Your policy
- Your health
- Your age
- Your activies
- Your hobbies
- Your gender
