September is Life Insurance Awareness Month; Prices drop to historic lows

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LifeQuotes proprietary technology enables instant quotes from up to 40 insurers, disclosed underwriting guidelines, instant decision underwriting, and online purchasing capability, all backed by caring, salaried phone specialists who are trained to help and inform without any sales pressure.

Other features of the LifeQuotes.com platform that appeal to customers include automatic rating of final expenses, term life insurance, whole life insurance and universal life insurance, pricing without review and disclosure of actual pricing guidelines so that people with a medical history can better understand, up front, the expected final price.

Zieba continued, “No parent should rely on their workplace life insurance alone, as this coverage is typically capped at twice annual income and coverage might not be transferable if you change employers. . It’s important and everyone’s situation is unique. Here are some guidelines from LifeQuotes.com. “

  • For people who work and have dependents, children or a mortgage: 10 to 15 times annual income
  • For home caregivers: $ 300,000 minimum
  • For burial cover only: $ 10,000$ 25,000

Owners of term life insurance policies are reminded that their policies may contain the right to convert all or part of their term life insurance policy to a permanent policy without health issues or medical examination.

Instant decision term life plans are growing in popularity

The monthly premium example table below reveals the best possible monthly prices for a 10 year instant decision term life insurance policy. Most 10-year term life insurance policies are renewable, without evidence of insurability, to age 90 and over, and can be convertible to permanent insurance without additional underwriting. Other initial rate guarantee periods such as 15, 20, 25, 30 and over are also available, as are universal life insurance and whole life insurance, both of which can offer a uniform death benefit and uniform premiums for life.

Instantaneous decision sampling rate, 10 year duration

Monthly female rates


Male monthly rates

Age

$ 100,000

$ 250,000

$ 500,000

$ 1,000,000


Age

$ 100,000

$ 250,000

$ 500,000

$ 1,000,000

20-35

$ 8

$ 9

13 $

23 $


20-35

$ 9

$ 10

$ 15

25 $

40

$ 9

13 $

$ 19

$ 30


40

$ 10

$ 12

$ 19

$ 33

45

11 $

16 $

25 $

$ 45


45

$ 12

$ 19

28 $

$ 51

50

$ 14

$ 24

$ 39

$ 73


50

$ 17

28 $

$ 49

$ 87

55

$ 19

$ 33

$ 54

$ 101


55

23 $

$ 41

$ 73

$ 135

60

$ 26

$ 52

$ 98

N / A


60

40 $

$ 81

$ 158

N / A












Instantaneous decision sampling rate, 20-year duration

Monthly female rates


Male monthly rates

Age

$ 100,000

$ 250,000

$ 500,000

$ 1,000,000


Age

$ 100,000

$ 250,000

$ 500,000

$ 1,000,000

20-35

$ 9

$ 12

$ 18

$ 35


20-35

$ 10

$ 14

$ 22

$ 41

40

$ 10

$ 15

$ 24

$ 50


40

11 $

$ 17

$ 27

$ 60

45

$ 14

$ 22

$ 39

$ 76


45

16 $

28 $

$ 49

$ 100

50

$ 21

$ 37

$ 65

$ 119


50

25 $

$ 42

$ 79

$ 162

55

$ 30

$ 56

$ 95

$ 175


55

$ 39

$ 78

$ 129

$ 238

60

$ 49

105 $

$ 212

N / A


60

$ 71

$ 151

$ 306

N / A












Instantaneous decision sampling rate, 30-year duration

Monthly female rates


Male monthly rates

Age

$ 100,000

$ 250,000

$ 500,000

$ 1,000,000


Age

$ 100,000

$ 250,000

$ 500,000

$ 1,000,000

20-35

$ 14

$ 21

$ 34

$ 61


20-35

16 $

$ 24

$ 41

$ 73

40

$ 17

$ 27

$ 48

$ 89


40

$ 22

$ 33

$ 60

$ 112

45

23 $

$ 39

$ 71

$ 135


45

$ 30

$ 47

$ 90

$ 176

50

$ 36

$ 70

$ 125

N / A


50

$ 47

$ 94

168 $

N / A

55

$ 56

$ 112

N / A

N / A


55

$ 75

$ 151

N / A

N / A

The premium examples shown above assume that the claimant is in good health and has no assessable medical issues. Applicants with pre-existing medical conditions can view instant quotes at www.lifequotes.com. Customers who want quotes and advice over the phone can speak to our licensed specialists by calling (800) 556-9393.

Past awards for LifeQuotes.com:

  • 2021: LifeQuotes.com celebrates 1000’s Google Reviews average 4.8 stars
  • Winner of “Innovation Assurance Vie 2017”… Life Insurance Direct Marketing Association
  • “The first website in terms of detail and ease of use …” Yahoo! FINANCE
  • Life Insurance Website Twice Ranked # 1 By by Kiplinger
  • Named “100 Most Useful Websites” by MSN Money
  • Past winner: Forbes’ “The best of the web”
  • The best website I have found … “- Dallas Morning News
  • “… we recommend that you purchase insurance here …” – Barron
  • “… outstanding – as good as an insurance website can get. Hats off and gold star to the best insurance site on the web.” – Insurance for dummies

About LifeQuotes.com

LifeQuotes.com is a pioneer in insurance technology for buyers of self-directed life insurance at www.lifequotes.com. The company’s innovative technology allows customers to instantly view quotes from 40 insurers and make paperless purchases from the company of their choice. The company’s comparative valuator also reveals underwriting guidelines for better accuracy. More than 390,000 people have purchased policies through LifeQuotes.com since the company was founded in 1984. According to Data Bridge Market Research, the insurance market is expected to experience market growth at a rate of 42.4% during the year. forecast period from 2021 to 2028 and is is expected to reach 46 billion dollars by 2028.

Survey methodology, participating insurers

The life insurance policies described, rated, featured and illustrated in this press release may not be available in all states and certain conditions may vary from state to state when required by law. The additional policies described offer limited benefits and are NOT comprehensive health insurance or major medical insurance, and they do NOT satisfy a person’s individual obligation to meet minimum essential coverage requirements under the Canada Law. affordable care (ABA). For more information on ACA, see http://www.HealthCare.gov. Policies reviewed include American Family Life Insurance Company, Madison, WI, police form ICC14-LD10001; American National Insurance Company, Galveston, Texas, policy form ART 12; Assurity Life Insurance Company, Lincoln, NE, policy form I L1702; Banner Life Insurance Company, Urbana, MD, policy form ICC08-LIA, and William Penn Life Insurance Company, Garden City, New York, policy form LIA-WP, two companies Legal & General America; Foresters Financial Toronto, Canada, under form ICC16 770620; Haven Life Insurance Agency, issued by CM Life Insurance Agency, LLC, a subsidiary of Massachusetts Mutual Life Insurance Company (Mass Mutual) of Springfield, MA. Policy Form # ICC19PCM-SI 0819); Lincoln’s life & Annuity Insurance Company new York, Syracuse, New York State, policy form LEF06321-18_7-10, and The Lincoln National Life Insurance Company, Fort Wayne, IN, policy form LEF06321_5-12, two insurance companies affiliated with Lincoln National Corporation, whose trading name is Lincoln Financial Group; John Hancock Life Insurance Company (United States) of Boston, Massachusetts 02117, on policy form number ICC16 2016TERM and John Hancock Life Insurance Company of new York, Valhalla, New York 10595, Minnesota Life Insurance Company and Securian Life Insurance Company of Saint-Paul, MN under the policy number F76777-15; Pacific Life Insurance Company Newport Beach, California, policy form P16YLT. North American Life & Health Insurance Company, Chicago, Illinois, policy form LS174; Penn Mutual Life Insurance Company of Horsham, Pennsylvania, under the police form ICC13-LT; Main life insurance company of Des Moines, IA, under police form ICC17 SN 104; Protective life and annuity, Birmingham, Alabama, policy form TI-15; Pruco Life Insurance Company New Jersey, Newark, New Jersey, police form ORD 96200-2010, member firms of Prudential Financial, Inc., Newark, New Jersey; Sagicor Life Insurance Company Scottsdale, Arizona under form number 1000; The Caisse d’Epargne Mutual Life Insurance Company of Massachusetts, Woburn, MA, Policy Form A91-OSV (SBLI and The No Nonsense Life Insurance Company are registered trademarks of The Savings Bank Mutual Life Insurance Company of Massachusetts; Transamerica Life Insurance Company, Cedar Rapids, IA, police form 1-304 11-107, both AEGON companies; Vantis Life Insurance Company, Windsor, Connecticut, police form # ICC17DTC; United of Omaha Life Insurance Company, Omaha, NE, police form LAP1099, a mutual Omaha partner company. Copyright 1984-2021 Life Quotes, Inc. All rights reserved.

SOURCE LifeQuotes.com

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