What is term life insurance?
Term insurance is an inexpensive life insurance policy that provides a fixed term of life insurance.
For example, a 20-year term policy for $100,000 is a policy that guarantees your heirs will inherit $100,000 in a lump sum (tax-free) if you die within the next 20 years.
Oh, and as long as you pay the premiums.
It’s built for true life insurance which is a death benefit, tax-free.
Do I need term life insurance?
The answer is yes if you have a family with consistent debt to pay off each month.
You don’t want to leave your spouse or family hanging with unpaid debt.
If you are alone with no family or kids, save your money. There’s no need for life insurance.
What happens to the policy if you don’t die?
The policy runs out, and there is no death benefit unless you purchase another policy.
Think in terms of car insurance, but for death.
What are the best rates?
The best rates are the cheapest rates since term insurance is only good for death benefit planning.
If you click your state below, you will generate a spreadsheet of 100+ life insurance companies sorted from cheapest to most expensive.
Unlike other online term insurance quotes, we do not hand-select life insurance companies.
We just provide you the best quotes based on what our term life insurance calculator generates.
How much does it cost to purchase a term policy?
Cost changes all the time.
You can get a small policy for $25,000 as low as $5 a month.
You can get a large policy for $10,000,00 as low as $189 a month.
This is just to give you a rough idea.
Is term insurance a good idea?
If you are simply trying to leave money behind when you pass away at an affordable rate then yes, term life insurance is a good idea.
How long should my plan be?
Well, that depends on you really.
Terms range from 5 years to 40 years in length.
Use our term life insurance calculator to compare.
Does Dave Ramsey like term life insurance?
Why yes he does. Dave recommends term life insurance.
Does Suze Orman like term life insurance?
Yes, she likes term insurance too!
Do I need to register my info find the cheapest quotes online?
Nope. Just click your state. Enter your information on the calculator anonymously, and generate the quotes.
We don’t ask for your email or contact info unless you provide it to us.
We will sell you the policy only if you want us to.
You can do that by contacting us.
What makes us different from the other online life insurance websites?
We don’t hand select life insurance companies that we want to sell to you.
We use a third party software company calledCompulife that generates the results for us. They’ve been around since 1987. They do not sell insurance, just software.
We generate roughly 100+ life insurance companies most of which are “A” rated.
How do I generate my quote?
Just click your state below to access our free life insurance calculator to compare life insurance rates.
If you have questions, or like some additional help,ask me anything.