Term Life Insurance is important.

Term Life Insurance is important.

It makes sense to protect what you value. You insure your car, your home, and your valuables. What about you and your family? Term Life Insurance is important.

Without life insurance, you leave your family open to risk.

If you have a policy in place perhaps you should think about replacing or adding another.

You should review your life insurance every time a major change happens in your life – a marriage, birth of a child, purchase of a house, or starting a business.

Fortunately, life insurance can be surprisingly easy and affordable.

It night be cliché but “life insurance isn’t for the people who die. It’s for the people who live.”

MassQuotes has the most competitive markets for life insurance including Legal & General (Banner Life & William Penn), AIG, John Hancock, Prudential along with many other companies.

It night be cliché but “life insurance isn’t for the people who die. It’s for the people who live.”

Don’t wait another day: Term Life Insurance is important.

Give MassQuotes a call or click to get the discussion started.

Why should I use an Independent Insurance Agent?

why should I use an independent insurance agent?

Why should I use an Independent Insurance Agent? Some people think it doesn’t really matter where they buy their Massachusetts insurance. This misconception is most likely costing them money, service, and protection.

Buying a Massachusetts insurance policy isn’t like buying bread or milk. Insurance is an important safety net for your family, your home, your car and your business.

Don’t treat your purchase lightly!

There are three sources to go to for your Massachusetts insurance protection:

  1. Captive Agents, who sell insurance for only one company.
  2. Direct writers & telephone representatives, who can offer you the insurance of one company, and only on the internet & telephone.
  3. Independent MA Insurance Agents, who represent an average of eight insurance companies, and shop to find you the best combination coverage and price.

massquotes advantage: Massachusetts Independent Insurance Agents:

  • Is a licensed professional with strong customer and community ties.
  • Gives you excellent service and competitive prices because your agent can access the insurance coverage from more than one company.
  • Unlike other agents, your Independent Insurance agent is not beholden to any one company; thus, you don’t need to change agencies as your insurance and service needs change.
  • Assists you when you have a claim.
  • Is your consultant, working with you as you determine your needs.
  • Offers you a choice of Massachusetts insurance plans and programs.
  • Is a value hunter who looks after your pocketbook in finding the best combination of price, coverage and service.
  • Offers one-stop shopping for a full range of products – Massachusetts home insurance, renters, Massachusetts car insurance, business, life and health.
  • Can periodically help you review your coverage to keep up with your changing insurance needs.
  • Treats you like a person, not just another number.
  • Customer satisfaction is the key to a Massachusetts independent agent’s livelihood. So, serving you is a very important concern.

There Is A Difference between Massachusetts Independent Insurance Agents and Captive Agents.

Call or click us at MassQuotes to get your free term life insurance quote. We utilize the power of the independent insurance agent.

MassQuotes: more than just term life insurance

MassQuotes: more than just term life insurance

Some people think MassQuotes is just term life insurance. I’m here to tell you that Massquotes: more than just term life insurance.

MassQuotes offers a one-stop shop for a wide range of products and carriers to support the varied needs of our clients. We work closely with some of the industry’s highly-rated and most competitive carriers for: life, annuities, long term care, and disability insurance!

Some of the top companies we work with include:

Accordia Life
AIG
AXA
John Hancock
Legal & General America
Lincoln Financial
MetLife
Minnesota Life/Securian
Mutual of Omaha
Nationwide
Principal
Protective
Prudential
Symetra
Transamerica
Voya

MASSQUOTES SOLUTION CENTERS –

Life – MassQuotes works closely with our clients and carriers to promote an understanding of our client’s needs. We put together an asset protection plan that fits your family’s strategy.

Annuities – MassQuotes offers to a competitive portfolio of annuity products from top carriers, and assistance in case design and comparing product options to meet your needs.

Long Term Care – MassQuotes dedicated long term team is available to help you through every step of the complicated Long Term Care shopping process.

Disability – MassQuotes supports you in the understanding of disability insurance (DI). We offer the benefits of working with top distributors, including access to a broad array of competitive products from top DI carriers.

So, if someone tells you MassQuotes only sells term life insurance, you can tell them they’re wrong. MassQuotes: more than just term life insurance.

Massachusetts term life insurance

Massachusetts term life insurance

Do you have a Massachusetts term life insurance policy already in effect?

If so, you may want to re-apply.

Term life insurance rates are extremely low right now.

If you can get in a more preferred category, extend your policy term, and pay less money, then it may be worth the effort (application & medical exam etc.) to re-apply.

It makes sense to protect what you value.

You insure your car, your home, and your valuables. What about you & your family?

Without life insurance, you leave your family open to risk.

If you have a policy in place perhaps you should think about replacing or adding another.

You should review your life insurance every time a major change happens in your life – a marriage, birth of a child, purchase of a house, or starting a business.

Fortunately, life insurance can be surprisingly easy and affordable.

It may sound cliché but “life insurance isn’t for the people who die. It’s for the people who live.”

Through our network of Independent, Massachusetts Insurance Agents, Massquotes.com offers the most competitive rates from companies such as SBLI and Banner Life along with many other companies.

Please give us a call or submit a quote request if you would like to get rates or discuss.

Life Insurance Calculator

Free Life Insurance Calculator

FREE LIFE INSURANCE CALCULATOR.

A life insurance calculator is important to help you figure out how much life insurance you really need. When purchasing life insurance, a life insurance calculator is important. The question really isn’t how much you need, but how much capital your family will need at the time of your death, which depends on these two variables:

  • Expenses. How much will be needed at death to meet immediate obligations? This amount takes into account all final expenses: uncovered medical bills, funeral and estate-settling costs, outstanding debts, mortgage balance, and college costs to name a few.
  • Income. How much future income is needed to sustain the household? This is the number you’ll arrive at after calculating the “present value” of cash-flow streams your family will need after your death.

massquotes Free Life Insurance Calculator will compute:

Step 1- Expenses. Estimate your family’s expenses that could be funded or paid off by life insurance in the case of our death. Items should include: Funeral & Estate Costs, Outstanding Mortgage, Outstanding debts (other than mortgage), How many children require college funding?

Step 2- Income. Estimate your family’s recurring income needs if you died today, including: Monthly Income Need, How many years should income be provided?

Step 3- Savings. Estimate your family’s sources of income, including: Your current amount of life insurance, family’s current saving & investments, your current retirement savings, monthly after-tax income from spouse, years spouse’s income will continue?

Step 4- Settings. Review and adjust the typical settings before our life insurance calculator gets to work. Items include: Inflation rate, College inflation, Assumed rate of return on savings, 4 year public college expense, 4 year private college expense.

Step 5- Results. Within seconds our life insurance calculator will suggest an appropriate amount of life insurance you require. Should you die, the financial impact on your dependents is the loss of your income as well as the immediate expenses associated with your death. The death benefit offered through life insurance serves as replacement income for a period of time to help your family build a more financially secure future.

Try MassQuotes free, powerful online life insurance calculator tool.

https://www.insurenowdirect.com/massquotes/Calculator.aspx

There’s no obligation: only information!

 

Life Insurance Exam Tips

Life Insurance Examination Tips

Following these life insurance exam tips can help you obtain the best, most accurate exam results. Getting a preferred rating category (vs. standard) will save you a ton of money over the term of the life insurance policy.

Life Insurance Exam Tips:
• Fast for 4-8 hours prior to the exam and try to schedule the
exam for first thing in the morning, prior to eating
• Limit salt and high-cholesterol foods 24 hours prior to the exam
• Limit caffeine and nicotine 24 hours prior to the exam (can
increase blood pressure, cholesterol)
• Drink a glass of water one hour prior to the exam
• Get a good night of sleep prior to the exam
• Refrain from drinking alcoholic beverages for at least 24 hours
prior to the exam (can increase fat in blood and liver functions)
• Smokers should not smoke 30 minutes prior to exam (tends to
constrict artery walls and elevate blood pressure)
• Avoid the use of nasal decongestants if possible for 24 hours
prior to the exam (can increase blood pressure readings)
Helpful reminders:
• Be prepared with a photo ID at the time of the exam
• Provide names and dosages of current medications
• Provide any history of problems associated with providing a
blood sample
• Women should mention to the examiner if menstruating at the
time of exam (can cause blood in the urine specimen)
• Have available names, addresses and phone numbers of any
doctors or clinics visited in the last five years
• Tell the examiner if exercise is a regular activity
• Tell the examiner if vitamins or aspirin are taken on a daily basis
If you have experienced one of the following health conditions, follow these additional guidelines:
Hypertension
• Avoid stimulants (caffeine, alcohol, cigarettes)
• Schedule a morning exam
• Have the examiner take blood pressure after you have had a chance to relax —
three attempts at 10 minute intervals
• Take usual medications
Diabetes
• Schedule the exam for 2½ hours after a meal (no sweets or sugars after the
meal), but if blood is being drawn, fast for 8 hours prior to the exam
• Empty bladder right after meal
• Drink 1-2 glasses of water before the exam
Urinary Specimen Problems (albumin, red blood cells, sugar, etc.)
• Empty bladder right after meal
• Drink 2-3 glasses of water before the exam
• Avoid sweets or foods with sugar content before the exam
• Avoid strenuous exercise, such as running, for 24 hours prior to the exam
Coronary, EKG Problems
• Avoid stimulants (caffeine, alcohol, cigarettes)

If you follow these life insurance exam tips, you will be giving yourself the chance to secure the most preferred insurance rate available.

Sample Life Insurance Rates

Sample Life Insurance Rates

Joe Sample asks: “How about some sample life insurance rates?”

Joe lives in Massachusetts and was born February 2, 1991. He’s 26 years old. He’s in decent physical shape, doesn’t smoke and his family has a good medical history.

In Joe’s case, we are able to show him a preferred, 20 year term, $1,000,000 face value policy for only: $37.84 per month.

 

First Name: Last Name: Date of Birth: Gender: Height: Weight: Nicotine Use: Family History – Cancer: Family History – Cardiovascular Disease: State:
Joe Blow 02/02/1991 Male 5′ 9″ 156 None No No MA
Sample Life Insurance Rates:
Coverage Amount:
Coverage Length:

Term or Whole Life Insurance?

Term or Whole Life Insurance?

Term or Whole Life Insurance? It depends on your circumstances and financial goals.

Generally speaking, term life insurance offers the greatest coverage for the lowest initial premium and is a great solution for people with temporary needs or a limited budget.

Whole life insurance may make more sense if you anticipate a need for lifelong protection, or if the option of accumulating tax-deferred cash values is attractive to you.

Also, it doesn’t have to be one or the other. Sometimes, a combination of term and whole life insurance might be the right answer.

Term or Whole Life Insurance?

http://www.lifehealthpro.com/2013/06/19/whole-life-vs-term-theres-a-clear-winner-here

Term vs. whole life insurance cost comparison

The Differences Between Term and Whole Life Insurance

MALE, AGE 30

Policy amount Whole life 30-year term life 20-year term life
$250,000 $2,385 $240 $156
$500,000 $4,675 $403 $242
$1,000,000 $9,217 $720 $415

FEMALE, AGE 30

Policy amount Whole life 30-year term life 20-year term life
$250,000 $2,114 $206 $141
$500,000 $4,142 $335 $208
$1,000,000 $8,150 $585 $347

MALE, AGE 40

Policy amount Whole life 30-year term life 20-year term life
$250,000 $3,508 $384 $210
$500,000 $6,910 $687 $348
$1,000,000 $13,700 $1,281 $631

FEMALE, AGE 40

Policy amount Whole life 30-year term life 20-year term life
$250,000 $3,008 $314 $185
$500,000 $5,897 $553 $306
$1,000,000 $11,677 $1,026 $534

MALE, AGE 50

Policy amount Whole life 30-year term life 20-year term life
$250,000 $5,436 $913 $491
$500,000 $10,802 $1,725 $898
$1,000,000 $21,483 $3,301 $1,692

FEMALE, AGE 50

Policy amount Whole life 30-year term life 20-year term life
$250,000 $4,569 $689 $375
$500,000 $9,003 $1,284 $669
$1,000,000 $17,760 $2,349 $1,233

Methodology: We averaged the three lowest quotes available in each category for healthy men and women. Source: Quotacy.

So, Term or Whole Life Insurance? The difference in cost between the two products is huge. The difference in coverage is much different, as well.

How Much Life Insurance Do I Need?

How Much Life Insurance Do I Need?

“How much life insurance do I need?” Is a common question when signing up for life insurance. “How much money do you have?” is the common, wise-guy response.

Determining how much life insurance you need requires an examination of your current and future financial obligations, along with the resources your family could tap.

Your future obligations are a combination of what it would cost to help your surviving family members meet immediate and ongoing needs like funeral costs, taxes, food, clothing, utilities, mortgage payments, and your future obligations like college and retirement funding.

The resources that your surviving family members could draw on to meet those obligations include your spouse’s or partner’s income, savings and investments, other income producing assets, and any life insurance you might already own.

The difference between the two—your financial obligations minus the resources your family has to meet those obligations—is the approximate amount of additional life insurance you need. If this sounds confusing, you’re not alone. That’s why most people turn to a qualified, licensed insurance professional when they want to figure out how much insurance they may need.

If you don’t feel you’re ready to speak with an agent or if you want a preliminary sense of your insurance needs before meeting with an agent, visit our Life Insurance Needs Calculator. This tool will walk you through the various questions you need to ask yourself and provide you with a rough estimate of how much life insurance you may need to protect your family.

Simple. Term Life Insurance.

MassQuotes. Simple. Term Life Insurance.

MassQuotes. Simple. Term Life Insurance.

MassQuotes is all about term life insurance. Term life offers the greatest coverage for the lowest premium and can be a great solution for financial responsibilities such as: family protection, consumer debt, dependent care, education, funeral costs and mortgages.

MassQuotes helps figure out the amount of coverage that’s right for you, at a price you can afford.

When purchasing life insurance, the question really isn’t how much you need, but how much capital your family will need at the time of your death, which depends on two variables:

  • Expenses. How much will be needed at death to meet immediate obligations? This amount takes into account all final expenses: uncovered medical bills, funeral and estate-settling costs, outstanding debts, mortgage balance, and college costs to name a few.
  • Income. How much future income is needed to sustain the household? This is the number you’ll arrive at after calculating the “present value” of cash-flow streams your family will need after your death.

Utilizing technology and the buying power of the masses, MassQuotes will find the best term life insurance rates, at no cost from top-rated companies in seconds.

MassQuotes. Simple. Term Life Insurance.

Once you’ve found the best rate and you’re ready to proceed, you’ll want to have the following information on hand at the time of telephone application:

  • Driver’s license number and state.
  • Information on existing life insurance (carrier, amount,
    year issued, and beneficiary).
  • Amount of life insurance on spouse (if any).
  • Address of employer, including zip code, and annual
  • income of proposed insured.
  • Name, address, Social Security number, date of birth for
    all beneficiaries, and date of trust, if any.
  • Basic assets and liabilities.
  • All medical history and family history including serious
    medical problems.
  • Primary care physician name and address.
  • Dates and reasons for seeing primary care physicians
    within the last five years.
  • Dates and reasons for seeing other physicians/facilities
    (including tests performed), within the last five years.
  • Medications taken over the past 10 years, including
    dosage information.
  • Dates and times available for scheduling your medical
    exam

MassQuotes. Simple. Term Life Insurance.

Call or click us today to get started.