Is there any low-cost life insurance coverage available for young adults?

Yes, in fact, life insurance is cheapest if you buy your policy while you are young and healthy.

The most affordable type of life insurance policy for young people is term life insurance because it offers temporary protection lasting for a period of 10, 15, 20 or 30 years, to meet your specific life insurance needs.

The shorter the term (duration) of your life insurance, the lower your cost of insurance.

Here's how to learn...

Continue reading ...

Why should young adults purchase life insurance?

There are several very good reasons to consider buying life insurance when you're young:

Lock-in a low rates guaranteed for the life of your policy.
Guarantee your insurability for the future.
Save money by purchasing coverage when you are young and healthy.

Many of us take on more financial responsibility as we get older, but our health may change and make it more costly or more difficult to get insured when we have the greatest need for life insur...
Continue reading ...

Which life insurance for adults would be cheapest and why?

The cheapest type of life insurance for adults is term insurance, which costs a lot less than permanent life insurance.

Term life insurance is the cheapest for a few reasons:

• It is temporary, for a period of up to 30 years.
• It is pure life insurance protection.
• It does not build top any cash value inside the policy.
• You may outlive the "term" of you policy - meaning their would be no payout.
  

Term life offers the maximum amount of life insura...
Continue reading ...

Is the life insurance for adults age 80 and over?

Yes, there are life insurance plans that offer guaranteed approval for people ages 45 to 85.

These policies may provide up to $25,000 of coverage with no health exam and no health questions asked.

And, you may be able to purchase guaranteed approval life insurance from more than one life insurance carrier.



Continue reading ...