Home
Wiki User
Answered 2010-01-29 19:53:02
Some important factors to consider when choosing life insurance, inlcude:
How long need life insurance.
How much life insurance you need.
What type of life insurance to buy.
The financial rating of the insurance company.
The customer service of the insurance company.
How much you can afford to pay for life insurance.
Your goal for buying the life insurance.
Who to name as beneficiary.
Anyway, if you are looking for a very affordable life insurance, I recommend you check the site below to get free quotes and compare premiums between different insurance companies in the US. The website will pull up comparable premiums from the database, that would give you the best insurance quote and decide which one is best for you.
http://www.goodinsurancepolicy.com
Your Answer
Still Have Questions?
Related Questions
Is 'money' an important criteria in choosing a life partner?
Choosing a life partner is a very important decision to make in life. There are many factors that can be considered important. Money is important criteria, however, it all depends on the preference one has and what type of life is planned.
What is the use of choosing life insurance?
The use of choosing life insurance is to protect youself and your kids from unwanted misfortune. Life Insurance will pay off funeral fees and other things for you.
It is not important to have a life insurance policy.?
It is not important to have a life insurance policy.
Where can information on choosing the right insurance be found?
Information on choosing the right insurance can be found online. Some of the useful websites are Life Happens, CNN Money, Edmunds and Consumer Report.
What factors play into the cost of getting individual life insurance?
"Factors that play into the cost of getting individual life insurance are your age, health, average amount of money you make, who you're getting life insurance for and how risky you live."
Where could a Canadian purchase life insurance?
Life insurance is an important protection to have. Canadians can purchase life insurance through a local independent broker, or online at LSM Insurance.
Why is a life insurance license important?
The only reason someone needs a life insurance license or certification is to be able to sell this type of insurance.
What is the average monthly cost for life insurance?
The average monthly cost of life insurance depends on a number of factors. There is no specific average monthly cost for life insurance for several reasons: 1. There are many type of life insurance. 2. Rates for life insurance vary by insurance company. 3. Several factors are considered when determining your life insurance rate, including: your age, gender, occupation, health, family health history, height-to-weight ratio, smoker/non-smoker, type of life insurance, amount of life insurance, premium payment option, hobbies, among other things.
What are the important differences between an A plus plus rating and an A minus when choosing a life insurance company?
Here's "BEST's" explanation http://www.ambest.com/ratings/lhbirpreface.pdf for more information see www.steveshorr.com
Average price for life insurance per month?
There is no average price for life insurance per month. Life insurance rates vary based on a number of factors, including: You age, gender, amount of coverage, health, family health history, occupation, hobbies, smoker/non-smoker, on medication or not, etc. Each of the above mentioned factors affect your life insurance premiums. However, you can request free life insurance quote comparisons online to find the average price of life insurance for yourself.
What are two most important climatic factors that affect life in an area?
what are the two most important climatic factors that affect life in an area
What are the chances of someone over 50 getting life insurance?
Someone over 50 may be able to qualify for life insurance coverage. The chances may be good It depends on your personal situation. Life insurers consider several factors when offering you life insurance, including your age, health, family health history, occupation, hobbies, height-to-weight ratio, smoking, medication, etc. Depending on your health, you may be able to qualify for life insurance. You may want to compare rates for life insurance from several insurers before choosing a plan. If you do have health problems, there are guaranteed acceptance life insurance plans available, but these will cost a lot more than fully underwritten life insurance which requires a medical exam. And, the amount of life insurance available may be limited to around $30,000.
What is the best way to compare life insurance policies?
The best way to compare life insurance policies is to look up many different life insurance policies through many various different important ways that are very important and different.
How do you choose the right life insurance coverage?
When choosing the right life insurance coverage, you consider what your goals are for buying life insurance, what are you trying to accomplish? Then, consider how much coverage you need, what you can afford, how long you need coverage, and compare rate quotes from multiple insurers. Also, review the financial ratings to find a safe, secure insurance company that can pay their claims. Make sure you compare permanent life insurance to term life insurance. These are the two basic types of life insurance.
What are term life insurance rates?
Term life insurance rate varies by the company you are getting life insurance from. Some insurance rates will vary from pretty cheap to pretty expensive. It is important to decide what you want in life insurance and then select the best option and compare the rates.
What is the average cost for life insurance?
The cost of life insurance depends on many factors. Age, gender and how mych coverage you choose will depend on how much it will cost you.
Where can I locate a cheap life insurance quote?
There are several factors that are considered with regard to what you'll pay for life insurance. Start your research here: https://www.selectquote.com
Why is it important for Diabetics to have life insurance?
It is important for Diabetics to have life insurance in case they have an urgent medical problem which needs a doctors' services right away. With life insurance, if they are having a problem involving their sugar intake, this can help them financially, whatever the problem might be.
What factors should be considered when buying long term care insurance?
One should consider the length of the long term care insurance as well as the monthly cost and if one's income can support this. It is also important to find out of this type of insurance suits one's life.
How much does average life insurance coast?
The average life insurance cost will vary depending on several factors including: The type of life insurance, your age, gender, amount of coverage, how long you need the life insurance, your health, your family's health history, etc. Term life insurance is the least costly type of life insurance because there is no cash value that builds up in the policy - so you only pay for the life insurance. Term life insurance offers you life insurance protection for a specific number of years, usually 10, 15, 20 or 30 years.
When getting life insurance coverage is less or more important?
When getting life insurance, it's important to get the right amount of life insurance to meet your needs. One way to find out how much life insurance you need is to use a life insurance needs calculator to help you decide. These are available online and it only takes a few minutes to find out how much coverage you need. That way, you don't pay for more life insurance than you need, but your family has the protection they need.
How much is term life insurance?
The cost of term life insurance would depend greatly on certain factors such as age, health, habits, work. Each term life insurance company has many different plans with different rates.
How can one calculate prices for term life insurance?
Many factors go into calculating prices for term life insurance. Factors to take into consideration are: Your dependents living expenses if your income is no longer available, the premium rate of the insurance company you chose and lowest cost policy for which you qualify.
What are the premiums for variable universal life insurance?
The premiums will vary depending on your age and other factors. I would speak with an insurance professional.
Does asda life insurance offer great rates?
The cost of your Asda life insurance policy depends upon various factors. These include the type of life insurance policy (term, whole, variable etc.) your age, your personal habits (smoking, alcohol use etc.), your current health, other personal factors and more.
Still have questions?
