Term life insurance is easy to afford these days. How low in price can it be for a woman, age 29? Women often qualify for much lower rates than men! Term life insurance rates continue to decrease, as people live longer and we receive better health care. You may have purchased term life a while ago, but today you may be able to qualify for lower rates, or you can get much more coverage for the same price as you pay now. To show you how inexpensive term life insurance can be, I’m writing a series of blog entries about insurance companies with the best rates for term life policies at various ages. Here are 5 companies with great rates for a 20 year term life insurance policy with a $500,000 death benefit, over four health classes, for a twenty-nine year old female non-smoker. I try to make it simple for you to find a good life insurance company.
Hopefully, if you’ve been discouraged from buying a term life policy because you think you can’t afford it, this blog entry will change your mind. My Website helps you find the best rates & policies for auto, home, & life insurance, so bookmark or place my site in your favorites for you to use at your convenience.
Female Age 29 Non Smoker Preferred Plus Rates
I was able to locate these term life rates through a term life quote comparison engine (Many of these quote engines are available on the Web), & these rates, companies, or policies may not be available in your state.
The Preferred Plus class gives you the lowest prices, and they are for individuals in outstanding health. So, if you are sure you are in extremely good health — by eating right, exercising, & maintaining a healthy weight — these are the prices you will pay, right? This is not necessarily the situation.
With auto & home insurance, agents usually qualify you for the price you will pay at the time you get a quote, and you start coverage with your first payment. Life insurance works a lot differently.
When you make the decision to buy life insurance, a good agent will estimate the rate you should pay based on the answers you give to the health questions. Then you complete & submit an application to the insurance company.
The company evaluates your application, orders additional information, like a paramedical exam ( A paramedic meets with you, gives you a health exam, and takes your blood), to determine if they want to insure you, and the rate to charge you if you are accepted.
You may seem to qualify for the Preferred Plus rates at the time you apply, but, for example, you may be genetically predisposed to higher cholesterol than a normal, very fit person, and the policy will get issued at a higher rate, due to the paramedic exam results.
With auto & home insurance, it’s simple to shop based on price, and easy to do it online. With life insurance, it is not possible to know the best term life insurance rates for you, before your application is accepted.
Observe how the company with the best price changes, if you qualify for Preferred rates, instead of Preferred Plus rates:
Female Age 29 Non Smoker Preferred Rates
Royal Neighbors has the lowest monthly premium for the Preferred Plus category at $17.92. But if you applied, and your policy is issued at the Preferred class rate, Royal Neighbors is not one of the 5 insurance companies with the best rates for the Preferred class. Savings Bank Life Insurance Company of MA has the lowest monthly premium for the Preferred class at $21.75. Should you have applied to Savings Bank, if you think you can’t qualify for the Preferred Plus rates? Maybe not, because each insurance company has its own rules for health class placement.
For example, you may qualify for Preferred with Ohio National at $23.14 a month, but only the Standard Plus rates with Banner Life Insurance Company at $29.75 a month, instead of Banner’s Preferred health category pricing at $22.75 a month.
Female Age 29 Non Smoker Standard Plus Rates
Your partner shall internalize frankkrauseautomotive.com purchase viagra online your lack of interest, and a whole lot of modern day vices all contribute to quick decay of HGH production. And most of all parents would like to just accept erectile dysfunction as a problem they can’t do anything about. cialis pills If you do find the condition still persists, it would then put him into ill health. viagra canada overnight To all intents as well as purposes of the eustachian tubes orden 50mg viagra are to regulate pressure in the middle of city.
The top life insurance companies in each health category usually have rates close in price to each other. But there is a bigger difference in the rates among the health categories.
For example, MTL Insurance Company is $18.92 a month for the Preferred Plus category, $22.36 a month in the Preferred category, and $29.24 a month for the Standard Plus & Standard health rate classes.
This is why it’s the best idea to use an experienced agent interested in serving your needs, because you can’t find the best rates for term life policy for you without one. This is different than my advice about shopping for auto & home insurance, where consumers can easily shop online based on price.
A good agent will quote you an accurate term life quote at a competitive price, based on the agent’s knowledge of the underwriting rules of each life insurance company, and your health, your family’s health history, & your habits.
A bad agent quotes everyone preferred rates, or low rates they are not likely to qualify for, after asking you too few questions. This type of agent wants you to apply based on the low price, then they will explain & apologize for the much higher rate when the policy is issued, hoping you will pay it.
See these rates below for the Standard health category. All 4 of these categories are for healthy people. What if you have a minor medical condition, or you are obese? A good agent knows the insurance companies with the best rates for certain health conditions, such as diabetes, or over-weight people.
Female Age 29 Non Smoker Standard Rates
The companies listed above have competitive term life rates for this age, sex, and health category. But quite a few insurance companies, some with popular brand names, charge more expensive rates for their term insurance. Check out these companies’ standard rates for a woman, age 29, non-smoker:
If you qualify for each insurance company’s standard term life rates, you could pay as little as $340 a year or as much as $570 or more a year for the same $500,000 death benefit.
If you want low term life insurance rates, a good policy, and a smooth process buying the coverage you need, comparison shop with a few agents, so you can find an agent offering the best life insurance options for you at a competitive price. Term life insurance is affordable, and a good agent can make getting it easy for you.
Have you looked at term life insurance rates lately? Why not? Tell me about it. Please leave a comment on my facebook page. Or, you can e-mail me at help@smartshopyourcarinsurance.com if you have questions and would like my help. Follow me on Twitter for important insurance consumer news and new blog entries at CarInsWatch.