Yes, you can buy life insurance coverage on another person.

However, you are required to prove you have an "Insurable Interest" in the person you want to insure for life insurance.

Insurable Interest basically means that you either rely on the person for financial support, or that you would suffer some financial loss if the person were to die.

Individuals you can take life insurance policies out on include your spouse or domestic partner, your children, your dependents, and your business partner...
Continue reading ...

If I buy a term life insurance policy will the premiums for life insurance change over time?

Whether or not your life insurance premiums remain the same each year for the entire term period of your policy or increase over time will depend on the type of term life insurance policy you purchase.

Premiums for a term life policy may be either level or increasing over time.

Premiums can also be guaranteed in the life insurance policy to remain level for a specified number of years a...

Continue reading ...

What are the most affordable life insurance plans?

That depends on why you need the life insurance protection. 

If you need guaranteed lifetime protection no matter how old you live, then your only option is permanent life insurance.

However, if you need life insurance for a period of 30 years or less, the most affordable protection by far is term life insurance.

Permanent life coverage usually costs two to three times more than term life insurance.

And, term life offers you the option of choosing...
Continue reading ...

What is Select Quote?

It's an online life insurance broker that gives you instant access to several of the leading life insurance carriers to compare life insurance rates and plans.

Select Quote has a network of eleven highly-rated insurance companies and they offer you the five best life insurance quotes form these carriers when you request your free quotes online.

Select Quote has been providing affordable term life insurance plans to Americans since 1985. Learn more about Select Quote Life In...
Continue reading ...

What is Mass Mutual Direct Life Insurance?

It's a type of life insurance policy that offers guaranteed acceptance.

That means, you cannot be turned down due to any health conditions.

So, if you have been having problems getting approved for a life insurance plan because of your health, age, weight or smoking, or for any other reason, this may be a good option for you to consider.

Mass Mutual Direct offers you the option of choosing from $2,000 up to $25,000 of life insurance coverage which can he...
Continue reading ...

Can seniors get life insurance without answering any questions about their health?

Yes, there are no health questions life insurance plans for senior citizens.

In fact, people age 45 to 85 can buy life insurance with no exam and no health questions asked.

You cannot be turned down due to any health problems.

So, if you have been declined coverage by other insurers or you have a health condition, you can get insured.

Learn about senior life insurance without health questions and how you can request...
Continue reading ...

The short answer is to buy your life insurance coverage now.

No matter how old you are, you will never be younger than you are today. Age can be a significant factor in determining the price you pay for your life insurance policy.

Many life insurance companies offer special rates on either the life insurance policy or the home or auto insurance policy when you buy your insurance policies with one company, so ask if the company offers any incentives.

Paying your insurance premi...

Continue reading ...

Can people with health problems get insured for life insurance?

Yes, you may be able to purchase life insurance if you have health problems.

There are a few ways to find life insurance with health issues.

You could look for a life insurance broker in your area who specializes in life insurance for high risk people. That broker would have access to life insurers who insure people with health issues.

Or, you could contact the insurance company you have your home and auto insurance with and ask if t...
Continue reading ...

What are some tools I can use to help me find affordable life insurance coverage form a highly-rated insurance company?

There's several good tools you can use for finding the right life insurance plans from a top carrier.

1. Life Insurance Needs Calculator - A needs calculator can help you to easily determine what your actual life insurance needs are - how much coverage to buy.

2. List of Top Carriers - A list of the leading insurers will show you the insurers writing the most business and their...
Continue reading ...