Life insurance |
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Life Insurance
The key to successful purchasing of life insurance is to purchase it only for the irreplaceable losses, such as your income. Try to avoid Avoid narrowly defined life insurance policies that only cover specific loss of life, such as accidents, plane crashes or cancer. You're better off with insurance for any loss of life for a small increase in premium. Don't skimp on life insurance. But remember that people with no dependents may not need life insurance policies at all. To estimate the amount of a life insurance policy, estimate your dependent's living expenses if your income is no longer available. Most life insurance consultants estimate five to ten times your annual income. Smoker life insurance costs two to three times as much as non-smoker. The following term life insurance companies head up the Budget Life Top 15: Ohio National Life Assurance Corporation, West Coast Life Insurance Company, Banner Life Insurance Company, First Colony Life Insurance Company, Genworth Life Insurance Company. We use a third party database of top term life insurance companies to rank in terms of lowest life insurance rates. We can also provide term life insurance quotes online. Term life insurance rates have been dropping steadily in response to increased competition. Term life insurance is a commodity, and improved access to online life insurance quotes information, such as at this Web site, is making it even more so. Whether to use life insurance as an investment is a separate decision; but for just pure life insurance, which is term insurance, why pay more than you have to? Budget Life also lets you obtain term life insurance quotes from independent agents. These life insurance agents use our database to ensure that they have the lowest life insurance rates; they don't quote for just one life insurance company. Term life insurance quotes are commodities, and they find the best term life insurance rate. Some specialize in survivors life insurance and impaired risk life insurance. |
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