Term Life Insurance vs Whole Life Insurance

term life insurance vs whole life insurance

Term Life Insurance vs Whole Life Insurance

How do I know which is right for me?

There are two options when it come to life insurance: term life and whole life. Most people looking for life insurance as a way of family protection are looking for term life.

Term Life Insurance

Term life is offered for a specific term (typically: 10 year, 20 year or 30 year terms) and offers a face amount of coverage. If you die during the term of the policy, the insurance company will pay your beneficiary the face value of the policy.

The longer the term or higher the face value, the more expensive the policy.

Term life insurance is a more pure insurance product than whole life.

Whole Life Insurance

Whole life coverage is designed to provide “permanent” coverage vs. coverage for a specified term. A whole life policy will not expire, as long as premiums are paid.

Whole life policies have a cash value that builds up over time.

Whole life is significantly more expensive than term life insurance.

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.

Buying life insurance online

Buying life insurance online

Buying life insurance online has never been easier or more competitively priced.

The process for finding, applying and buying term life insurance online starts here at MassQuotes.

  1. Shop Rates & Request Application. Start by visiting our life insurance calculator  to figure out the amount of coverage you need. Then get rates from us from multiple, leading life insurance carriers. Once you find a policy that is right for you, request an application, complete telephone interview.
  2. Application. Complete your telephone life insurance application.
  3. Medical Exam. Complete a brief medical exam to confirm your health. The exam is done with an examiner who is paid for by the insurance company or licensed insurance professional and can be completed at your home, office, or the examiner’s office during a time that’s convenient for you.
  4. Review. Wait for your insurance company to review your application and medical information to confirm qualification and rate. This review typically takes 2-8 weeks, depending on your insurance company.
  5. Approval. Once the insurance company has approved your application, your policy will be delivered to you, along with any additional requirements needed, in order to activate your coverage.
  6. Free-Look Period. Most policies offer a Free-Look period.

MassQuotes makes buying life insurance online easy. Compare term life insurance rates at no cost from top-rated companies in seconds.

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

In conclusion, buying life insurance online at MassQuotes is easy.

Simple. Term Life Insurance.

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:

The Best Gift Money Can Buy

The Best Gift Money Can Buy

The best gift money can buy.

Term Life Insurance might be the most generous, least selfish gift a person can leave their surviving loved ones. In other words: it’s the best gift money can buy.

Life insurance isn’t for the person that dies, it’s for the people that live.

Life Insurance can be a great solution for financial responsibilities such as: family protection, consumer debt, dependent care, education, funeral costs and mortgages.

Nobody wants to talk about life insurance and, with MassQuotes, you don’t have to. Sit back, learn about life insurance, calculate your life insurance needs, rate different terms, with different face amounts, and find the policy that best suits you.

Term life insurance rates are extremely low right now. Obviously, the younger and healthier you are, the lower life insurance rates are. Let’s face it, term life insurance just might be: the best gift money can buy.

Term life insurance offers the largest face value for the lowest premium.

If you have a term life insurance policy already in effect, you may want to re-apply.

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.

Please call or click to get a term life insurance quote or to discuss.

Term Life Insurance

Term Life Insurance

Term life insurance rates are so low right now that, 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.

If you have a policy, you might want to get a quote.

(Then you may want to re-apply.)

Extend your term, lower your premium.

If you don’t have a term life policy, then you definitely want to get a quote!

Take a moment. Talk to anyone, talk to everyone.

You’ll find: term life insurance is the way to go.

Term life gives you the most “bang for your buck.” The most coverage for the least expense.

Term life insurance can be a great solution for family protection, as well as other things.

Call or click to discuss.