Term life insurance at age sixty-two costs more than it does when you are in your twenties or thirties, but it’s more affordable than you may think. This blog post will show you the companies with the lowest rates for a ten-year term life insurance policy for a 62 year old man, at different amounts of coverage across four health rating categories, to help you shop for the right coverage for you & your budget. Continue reading
Tag Archives: Term Life Insurance
Term Life Insurance Rates: 61 Year Old Female Non Smoker
Term life insurance at age sixty-one costs more than it does when you are in your twenties or thirties, but it is more affordable than you may think. This blog post will show you the companies with the lowest rates for a 10 year term life insurance policy for a 61 year old woman, at different amounts of coverage across four health rate categories, to help you shop for the right coverage for you & your budget. Continue reading
Term Life Insurance Rates: 61 Year Old Male Non Smoker
If you are looking for life insurance in your sixties, you should consider permanent life insurance, which pays at whatever age you die, instead of term life insurance, which most likely will expire before you die. If you are in poor health, you probably will not be able to qualify for term life insurance, but you may be able to qualify for permanent life insurance, such as Final Expense Life insurance.
However, if you are in good health, a term life insurance policy can give you more coverage to protect you until you retire, or pay off debt, and may be what you need.
Term life insurance at age 61 costs much more than it does when you are in your twenties or thirties, but it is more affordable than you think. This blog post will show you the companies with the best rates for a ten year term life insurance policy for a 61 year old man, at various amounts of coverage across four health rate categories, to help you shop for the right coverage for you and your budget. Continue reading
Term Life Insurance Rates: 60 Year Old Female Non Smoker
You can find affordable term life insurance, even if you are a 60 year old woman. You can decrease the price of term life insurance, by lowering the amount of coverage, or reducing the years of the coverage, to make a term life insurance policy affordable for your budget. This blog post gives you the names of the companies with the lowest rates for a ten year term policy and a fifteen year term policy for a 60 year old woman, across four different health classes, for $100,000, $250,000, & $500,000 of coverage. This information will aid you in knowing if you’re getting a good price, when you shop for term life insurance. For example, if a life insurance agent quotes you a company with a fifteen year term life insurance policy at Standard Plus rates for $250,000 of coverage, you can check the rates here for the lowest fifteen year term Standard Plus rates for $250,000 of coverage, to see if the agent or company is offering you a good deal. Continue reading
Term Life Insurance Rates: 60 Year Old Male Non Smoker
Term life insurance can still be purchased at affordable rates, even if you are a 60 year old man. You can decrease the price of term life insurance, by lowering the amount of coverage, or reducing the number of years of the coverage, to make a term life insurance policy affordable for almost anyone’s budget. This blog post shows you the companies with the lowest rates for a ten year term policy and a fifteen year term policy, across four different health classes, for $100,000, $250,000, & $500,000 of coverage. This information will help you know if you’re getting a good price when you shop for term life insurance. For example, an agent quotes you an insurance company with a fifteen year term life insurance policy at Standard rates for $100,000 of coverage, you can check the rates here for the lowest fifteen year term Standard rates for $100,000 of coverage, to see if the agent or company is offering you a good deal. Continue reading
Term Life Insurance Rates: 59 Year Old Female Non Smoker
Term life insurance can be made affordable for you, even if you are a 59 year old woman. The cost of term life insurance can be lowered, by decreasing the dollar amount of the death benefit, or reducing the number of years of the term, to make term life insurance coverage affordable for any budget. This blog post shows you the best rates for a ten year term policy & a fifteen year term policy, across four different health rating classes, for death benefit amounts of $100,000, $250,000, & $500,000. The information in this blog article will help you know if you’re getting a competitive price when you shop for term life insurance. For example, a life insurance agent quotes you an insurance company with a fifteen year term life insurance policy, at Preferred rates for $500,000 of coverage, you can check the rates here for the lowest fifteen year term Preferred rates for $500,000 of coverage, to see if the agent or company is offering you a good deal. Continue reading
Term Life Insurance Rates: 59 Year Old Male Non Smoker
Term life insurance can be purchased at affordable rates, even if you are a 59 year old man. The price of term life insurance can be lowered, by decreasing the dollar amount of the death benefit, or reducing the number of years of the term, to make life insurance coverage affordable for any budget. This blog post shows you the best rates for a ten year term policy and a fifteen year term policy, across four different health classes, for $100,000, $250,000, & $500,000 of death benefit coverage. The information in this blog article will help you know if you’re getting a competitive price when you shop for term life insurance. For example, an agent quotes you an insurance company with a fifteen year term life insurance policy at Standard rates for $500,000 of coverage, you can check the rates here for the lowest fifteen year term Standard rates for $500,000 of coverage, to see if the agent or company is offering you a good deal. Continue reading
Term Life Insurance Rates: 58 Year Old Female Non Smoker
People can buy term life insurance at affordable rates, even if you are a 58 year old woman. The cost of term life insurance can be adjusted, by decreasing the amount of the death benefit, or reducing the number of years of the term, to make life insurance coverage affordable for you. This blog post shows you the best rates for a ten year term life policy & a fifteen year term life insurance policy, across four different health rate classes, for $100,000, $250,000, & $500,000 of coverage. The information in this blog article will help you know if you are getting a competitive price when you shop for life insurance. For example, an agent quotes you an insurance company with a 15 year term life policy at Standard rates for $250,000 of coverage, you can check the rates here for the lowest 15 year term Standard rates for $250,000 of coverage, to see if the insurance agent or company is offering you a good deal. Continue reading
Term Life Insurance Rates: 58 Year Old Male Non Smoker
Term life insurance is affordable, even if you are a 58 year old man. To fit your budget, you can decrease the amount of the death benefit, or reduce the number of years for the term, to make a life insurance policy affordable for you. This blog post shows you the lowest rates for a 10 year term life policy & a 15 year term life policy, for different health rate classes. This information will help you know if you are getting a low price when you shop for life insurance. For example, an agent quotes you an insurance company with a ten year term life policy at Standard rates, you can check the rates here for the lowest 10 year term Standard rates, to see if the agent is offering you a good deal. Continue reading
Term Life Insurance Rates: 57 Year Old Female Non Smoker
Term life insurance is still affordable, even if you are a 57 year old woman. If needed, you can lower the amount of the death benefit, or reduce the number of years for the term, to make a life insurance policy affordable to you. This blog article will show you the lowest rates for a ten year term life insurance policy and a fifteen year term life insurance policy, for 4 health rating classes. This information will help you know if you’re getting a good deal when you shop around for term life insurance. For example, a life insurance agent quotes you a company with a ten year term policy at Preferred rates, you can check the rates here for the lowest 10 year term Preferred rates, to see if the agent is offering you a competitive price. Continue reading
Term Life Insurance Rates: 57 Year Old Male Non Smoker
Term life insurance can still be affordable, even if you are a 57 year old man. If needed, you can adjust the amount of the death benefit, or the number of years for the term, to make a life insurance policy affordable to you. This blog post will show you the lowest rates for a 10 year term policy and a 15 year term policy, in four health rate classes. This information can help you know if you are getting a good deal when you shop for life insurance. For example, an agent quotes you a company with a ten year term policy at Standard Plus rates, you can check the rates here for the lowest 10 year term Standard Plus rates, to see if what the agent is offering you is a good deal. Continue reading
Term Life Insurance Rates: 56 Year Old Female Non Smoker
Yesterday, I wrote about affordable term life insurance when you are a 56 year old man. Today, I am blogging about term life insurance rates for a 56 year old woman non smoker, which are lower than the male rates, because women, as a group, live longer than men. Term life rates are not as low for people in middle-age as they are for younger people, but they are still affordable to most people wanting it.
The great thing about term life insurance is you can adjust the amount of coverage, or the length of term of coverage, to make a policy fit your budget. This blog post will show you the companies with the lowest rates for the best (Preferred Plus) and Standard health classes, for various amounts of coverage for 10 & 15 year term life policies, for a female age fifty-six non-smoker, so you have an idea of whether you are getting a quote at a reasonable price, when you shop for life insurance. Continue reading
Term Life Insurance Rates: 56 Year Old Male Non Smoker
Believe it or not, you can buy affordable life insurance when you are a 56 year old man. With term life insurance, you can adjust the amount of coverage, or the length of time for the coverage, to make a policy affordable to you. This blog post will show you what types of rates to expect, depending on your health, amount of coverage, and length of the term of the policy, as well as the names of the companies with the lowest rates. Continue reading
Choosing an insurance agent: Questions to ask before you buy
Most people do not know the important questions to ask, or what to look for in the replies of an insurance agent, to know if an agent is deserving of your business. This blog post will give you tips on what questions to ask, and how to ask them. so you are able to see through empty claims of great customer service & expertise.
If you have visited the “about us” section of almost any insurance agency web site, you read the same things: Our customers are the focus of our business. We are committed to personal service. We work hard to get you the coverage you need at a low price, etc. The truth is anybody can claim to provide a high level or personal customer service, and just about everyone claims to provide it. Continue reading
Choosing an insurance agent: What to expect from a good agent
I started this blog series about how to choose an agent, telling you about the hype you hear from every agent, usually in a confident, friendly manner: “I have many years experience. I represent a large, old, financially stable company with 24 hour claims service. I’m an independent agent, and I can shop the home & auto insurance market for you (except I don’t tell you I don’t represent some of the biggest & best companies). I put my customers first. Yadda, yadda, yadda.”
There are lots of well-established, financially strong insurance companies. Most companies have 24 hour claims reporting. Almost all of the reasons agents tell you why you should insure with them are not unique, and they are common among all insurance companies. If other companies offer the same benefits, why shouldn’t you choose the company with the lowest price?
Some agents do add value with the service they provide, and this blog post will show you how to recognize this value, and allow you to tell the agents really putting their customers first, from the majority of agents merely claiming to put their customers first. Continue reading
Choosing an insurance agent: Your agent’s office location
How important is it for your agent’s office to be close to your home or work? For a lot of people, this is an important factor for choosing an agent. But for most people, choosing an agent based on the agent’s office location can be a mistake. Depending on your needs, the location of your agent’s office may not be important at all. This blog post will tell you when having an agent close to you is important, and when choosing the agent closest to you is a mistake. Continue reading
Choosing an insurance agent: Referrals
One thing recommended to insurance shoppers, often by objective sources like your state’s department of insurance informational brochures, is to ask your friends, family, & neighbors for their opinions about insurance companies. In my opinion, personal referrals are not useful in making sure you will get good customer service from your agent or insurance company. This blog post will explain why referrals are not reliable, and where to find more objective measures of customer service, so you can avoid having problems when you most need the help of your agent or company. Continue reading
Choosing an insurance agent: Check for license & complaints
Whether you buy your insurance from an agent, or directly from the company, you need to make sure your agent or company is properly licensed in your state to sell the type of insurance you are buying, and see if there has been any complaints or disciplinary actions against your agent or company. Continue reading
Choosing an insurance agent: How much experience is needed?
Here is my second tip for choosing an insurance agent, which can save you from making costly mistakes:
Know how much experience is important, & avoid inexperienced agents
Some agents try to convince you to insure with them based on their many years of experience, or the experience of their employees. I know one agent added up the total number of years of experience of their agency employees to conclude their combined experience equals over 100 hundred years! This sounds impressive, but does it really benefit the customer? I don’t think so. Continue reading
Choosing an insurance agent: Is your agent any good?
Do you have a good insurance agent? Most people find out the hard way when they have a problem or a claim. This is the first in a series of blog posts giving you tips on how to find an excellent agent and avoid bad ones. The first thing you may think, is you can avoid having to worry about finding a good agent by not having an agent at all, and buying direct from the insurance company. Doesn’t it cost more to have an insurance agent? Isn’t it cheaper to buy direct, anyway? Continue reading
Term Life Insurance Rates: 52, 53, 54, 55 Year Old Non Smoker
How much is term life insurance for a 52, 53, 54, or 55 year old man or woman? Surprisingly, even in your early 50s, term life insurance can be affordable. Females pay a lower rate than males, because women, as a group, live longer than men. Which life insurance company will have the lowest rates for you will depend, not only on your age, sex, and tobacco use, but on the amount of the death benefit, the length of the term (10, 15, 20, 30 year term), your health and your family heath history. Even the payment plan you choose will decide which company will have the best life insurance rates for you: the company with the lowest monthly premium is not likely to have the lowest annual premium for you. Continue reading
Term Life Insurance Rates: 51 Year Old Female Non Smoker
Term life insurance is affordable now more than ever. How inexpensive can it be for a woman, age 51? To show you how inexpensive rates can be, I’m writing a series of blog posts about the insurance companies with the lowest term life rates at different ages. Term life prices are lower today because of advancements in health care, increased competition among life insurance companies, & because people continue to live longer lives. Everyone should review their life insurance needs with an agent each year. If you started a term life insurance policy a few years ago, it’s likely you can get lower rates now, or you may be able to get a lot more coverage for what you currently pay. This blog post tells you about the five insurance companies with the best rates for a fifteen year term life insurance policy with a $250,000 death benefit, for 4 health rates classes, for a fifty one year old female non-smoker. You may desire a higher amount of coverage for your death benefit or a longer term of coverage, but this article can help you avoid many of the mistakes people make getting a term life insurance policy. Continue reading
Term Life Insurance Rates: 51 Year Old Male Non Smoker
Term life insurance is more affordable than ever. How inexpensive can it be for a man, age 51? To show you how low the rates can be, I am doing a blog series showing the insurance companies with the lowest term life rates at different ages. Term life prices are lower today because of advancements in medical care, competition among insurance companies, and because we continue to live longer lives. You should review your life insurance needs with an insurance agent each year. If you started a term life insurance policy a few years ago, it’s likely you can get lower rates now, or you may be able to get much more coverage for what you currently pay. This blog post shows you the five insurance companies with the best rates for a 15 year term life insurance policy with a $250,000 death benefit, over four health classes, for a fifty one year old male non-smoker. Remember, if you find these rates more than you can afford, you reduce the price by choosing a lower death benefit, or a shorter term. Term life insurance can be made affordable for any budget, and this blog post will tell you how to avoid costly mistakes, and get the best price for the coverage you desire. Continue reading
Term Life Insurance Rates: 50 Year Old Female Non Smoker
Term life insurance is more affordable than ever. How inexpensive can it be for a woman, age 50? To show you how low rates can be, I am writing a blog series showing the insurance companies with the lowest term life rates at different ages. Term life prices are lower today because of advancements in health care, competition among insurance companies, & because we continue to live longer lives. You should review your life insurance needs with an agent each year. If you started a term life insurance policy a few years ago, it is likely you can get lower rates now, or you may be able to get much more coverage for what you currently pay. This blog post shows you the five insurance companies with the best rates for a 20 year term life insurance policy with a $150,000 death benefit, over four health classes, for a fifty year old female non-smoker. Even if you desire a higher amount of coverage for your death benefit, this article can help you avoid many of the mistakes people make getting a term life insurance policy. Continue reading
Term Life Insurance Rates: 50 Year Old Male Non Smoker
Term life insurance is more affordable than ever. How inexpensive can it be for a man, age 50? To show you how low the rates can be, I’m doing a blog series showing the insurance companies with the lowest term life rates at different ages. Term life prices are lower today because of advancements in health care, competition among insurance companies, and because we continue to live longer lives. You should review your life insurance needs with an agent each year. If you started a term life insurance policy a few years ago, it’s likely you can get lower rates now, or you may be able to get much more coverage for what you currently pay. This blog post shows you the five insurance companies with the best rates for a 20 year term life insurance policy with a $150,000 death benefit, over four health classes, for a fifty year old male non-smoker. Continue reading