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Speak with an Licensed Agent 1-888-359-2550Written by ProtectQuote
BASIC – $50,000 to cover final expenses for funeral and end-of-life medical costs. BETTER – 10-30x annual income. How many years do you plan on working until retirement? BEST – DIME Method (Debt, Income, Mortgage, Education). This is a comprehensive calculation to account for outstanding debts, number of years your family will depend on annual.. More
Written by ProtectQuote
A term life insurance policy DOES NOT include cash value. That is a unique feature avaialble for permanent (whole life) policies. The following is a basic illustration of how a cash value life insurance policy works: Premiums are paid into the insurance on a regular basis (annually, semi-annually, quarterly, or monthly). This raises the water.. More
Written by ProtectQuote
Introduction Term life insurance protects you for a set period of time (generally 1 to 20 years), after which you can usually renew the policy and start a new term policy without having to provide proof of insurability, however at a higher cost. The insurance company pays the death benefit to your beneficiaries if you.. More
Written by ProtectQuote
Introduction: There is a good option for those that prefer not to have their blood drawn and still get a competitive term life insurance premium rate. The Difference Between No Medical and Fully Underwritten ProtectQuote analyzes quotesfor both types of term life insurance policies: no medical exam and fully underwritten. The advantage of a no.. More
Introduction: Term life insurance is a type of life insurance policy that provides protection for a specified term length. A life policy can be extended for an additional term length (depending on the life insurance companies), but there are also policies that are non-renewable. Below we cover the cost of term life insurance and factors.. More
Written by ProtectQuote
When it comes to protecting your family, you want to make sure you have a suitable term life insurance policy based future planning. Below we cover key topics to learn how to compare term life insurance options. Step 1: Decide how much coverage you need When it comes to term life insurance, the amount of.. More
Written by ProtectQuote
When your life insurance application is approved, the insurance company will assign you a risk category based on your health and lifestyle. The category is significant since it, combined with your age, determines the cost of life insurance. The healthiest people with the safest habits are thought to be the least risky, thus they are.. More
Written by ProtectQuote
Life insurance is classified into two policy types: term and permanent. Term life insurance, as the name implies, insures you for a specified length of time, often between 10 and 30 years. Your policy remains active as long as your premiums are current. When the policy’s term expires, coverage is canceled. You owe no further premiums, but.. More
Written by ProtectQuote
Obtaining term life insurance quotes is the first step in any life insurance shopping process. Getting estimates will typically give you a decent sense of how much life insurance from a certain company will cost you. Are you committed to purchase life insurance from that business once you have those quotes? The short answer is.. More