Mortgage insurance can help provide you with the peace of mind knowing your family will be able to continue living in the home they shared with you while you were alive, while providing your loved ones with the security of keeping their home if you are no longer there to provide for them.

If you own a home and have a mortgage loan on your home, it may be a good idea to have mortgage life insurance to protect your family and help to make sure your family can go on living in your home should som...
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Term life insurance is what people call "pure insurance." It is pure life insurance protection with no investment feature in the policy. It provides life insurance, and there is no build up of cash value inside the policy.

You pay a premium for a specific period of time, usually 10 to 30 years, and the insurance company will pay a death benefit to your beneficiary if you pass away in that time period.

You designate an amount of life insurance with the insurance company and the...

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The "term" of your term life insurance policy is the amount of time you have life insurance protection.

You choose a "term" when you purchase your term life policy.

The common "terms" available for term life are for a period of 10, 15, 20 or 30 years.

So, if you bought a 20 year term life policy, you would pay your monthly (or yearly) premium to the insurance company in return for a set amount of life insurance protection for a period of 20 years.

If you die during that period of time, the benefi...
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There are many websites on the internet that allow you to compare instant life insurance rate quotes from several top insurance companies.

Some of the best online life insurance quote providers include Efinancial, 1ClickCoverage and Termfinder.

To request your free quotes you just visit the website, fill out a quote request form where you answer some questions about yourself and the life insurance amount you need, and then you press a button, and you instantly receive on your screen the best li...
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What are the advantages and disadvantages of a whole life insurance policy?

Since whole life insurance is coverage that provides guaranteed protection your entire lifetime, it will cost more than a term life insurance policy which provides coverage for up to 30 years.

The advantages of whole life insurance include:

1. Guaranteed lifetime protection.

2. Builds can value inside the policy.

3. You may take a loan form the cash value.


The disadvantages of whole life insurance include:

1. It may cost 2 t...
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What factors will have an affect on the price I pay for my life insurance coverage?

The type of life insurance plan and the amount of life insurance coverage you buy will have an affect on your overall premium.

In addition, your own personal risk factors will impact your rate for life insurance.

Risk factors are indicators of your longevity, how long you are expected to live. Each risk factors plays a part in determining your rate for life insurance. 

For instance, tobacco use is one main risk fa...
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Should I buy regular life insurance or new exam life insurance?

That depend son your situation.

A regular life insurance policy may require you to take am physical examination and wait up to 4 to 6 weeks to find out if you are accepted and receive your life insurance policy.

A no exam life insurance plan offers you the option of getting life insurance without the hassles and delays of taking a medical exam. You can apply completely online, get approved, and start your life insurance coverage tod...
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I want to buy a no exam life insurance but I don;t know who offers coverage, and how much is available without taking an exam.

There are several highly rated life insurance carriers that offer life insurance without an exam.

Some of these insurers include Fidelity Life, National Life Group, United of Omaha, and Met Life, among others.

Some of the no exam life insurance carriers offer as much as $499,000 of coverage without any exam required.

Keep in mind, you can own more than one life insurance ...
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What is life insurance no medical?

It's life insurance that does not require you to take any medical examination to qualify for the purchase of the life insurance policy.

However, with no medical life insurance there are usually some health questions you need to answer when you apply for your life insurance policy.

And, the amount of life insurance available with no medical exam required may be limited to around $500,000.

However, no medical life insurance is usually much quicker and easier to ge...
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