How does buying a life insurance policy help me and my family?

Life insurance is a form fi financial protection that pays out a death benefit upon the death of the person insured by the life insurance.

So, in essence, it can help to replace the income your family loses if you were to pass away.

The proceeds paid out to your family (beneficiary) should you die, can be used for any purpose. That means, they could use your life insurance proceeds to pay for your burial and funeral, pay off the mort...
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What is term life insurance with guaranteed renewability?

It's a temporary life insurance policy that allows you to renew your policy for an additional period of time when the original life insurance policy ends.

You will not have to take an exam but your renewal policy will charge a premium based on your age at the time you renew your life insurance.

Usually, a renewal policy is offered for a duration of up to 10 years. That way, if your needs change after buying your first term life plan, you ...
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What is the definition of long term life insurance?

Long term life insurance is life insurance lasting for a long period of time. 

There is permanent life insurance that lasts for your entire lifetime.

In addiiton, there is term life insurance that lasts for a long period of time, including 20, 25 or 30 years.

With long term term life insurance policies you select coverage for a "term" that meets your needs and if you pass away during the period of your life insurance term, your policy death bene...
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I want to get life insurance coverage started right away without the hassles and delays of regular life insurance policies.

Which insurers offer the easiest, instant life insurance policies you can begin the same day you apply for coverage?

There are several insurers offering online life insurance coverage, including Haven Life, ANICO, AAA and Globe Life, among others.

When shopping for the easiest, quickest life insurance coverage make sure you consider the insurer's financial rating, length of...
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Burial insurance usually refers to a whole life insurance policy with a death benefit of from $3,000 up to $20,000 or more.

As its name implies, people buy this type of life insurance policy to provide money to pay for the funeral and burial costs for themselves and/or family members.

Many people who do not have enough money saved to cover the cost of their final expenses choose to purchase a burial policy so their loved ones do not have to suffer the financial stress of findi...

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Is it possible for people over age eighty to get insured for life insurance?

Most life insurance carriers limit their acceptance for life insurance to people age 80 or under.

However, there are guaranteed approval life insurance plans available for people ages 45-85.

These policies guarantee your acceptance for coverage which means you will not be turned down due to any problem with your health.

But, there are limited death benefits the first two years you are insured - that's how they can guaran...
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If you want to get your premiums back on a life insurance policy you would pay extra for return-of-premium term life insurance.

Premiums are higher on return of premium term life compared to regular term insurance policies. With regular term life coverage if you outlive the duration of your policy, then the coverage expires and there is no payout or refund of premiums.

However, with a return of premium term policy, if you outlive the coverage term, the insurer refunds the premi...
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What is the easiest way to get an affordable life insurance policy? 

The easiest approach to purchasing life insurance is to shop, apply and buy your policy over the internet. 

Today, a consumer like you may qualify to purchase up to $1,000,000 of affordable life insurance protection within the hour. 

That's right. In fact, one "A++" rated life insurer offers you a way to apply for your policy online in about 15 minutes. And, find out in as little as 1 minute (after applying) if you qualify for ...
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