Speak with an experienced advisor!
541-400-9040
The ability to buy term life insurance online has revolutionized the insurance industry. We are going to look at what this means to you but if you came looking to purchase life insurance we are happy to help you. Just fill out the form on this page and you will get a set of term life insurance quotes. We are happy to help and get you the best rates.
Life insurance is one of the most important purchases that you’ll ever make for the security of your family. It’s one of the only ways that you can ensure that your loved ones will have the money that they need, regardless of what happens to you. We know that shopping for insurance is not a fun experience, but thanks to the Internet, it’s never been easier.
With just about everything these days the ability to accomplish so much online has caused people who have grown up with the internet to push to buy term life insurance online as well. For those in their early twenties to early thirties this seems like a natural thing. So as more and more of these people start families and become aware that they need life insurance they turn to the internet to do their research. It also speeds up the process of getting in your application, doing your life insurance drug test and getting approved.
The biggest reason that people have moved to buy term life insurance online is the reduction of time. By filling out an online form you can provide the agent with the information they need to help you get the best prices on your life insurance. Once that is done they can have you finish the application online and set up the health exam online. Once you finish the health exam everything can be finished up electronically. This means no sitting down in an office that you had to drive to, and no crazy sales pitch trying to get you to purchase other products. You control the speed by your response to the requirements to get the policy filled.
The other big reason to buy term life insurance online is that you have the control. You can get rates from multiple companies and choose for yourself which one works best for you. The easiest way to do this is to get your quotes through an Independent insurance agent.
Another option for life insurance is a no exam policy. As you can guess from the name, these plans allow you to get life insurance without having to undergo the medical exam, which means that they whole process can be completed online, without the need to meet with an agent or paramedic. On the surface, these no exam plans can seem like an attractive option, but it’s important that you understand all of the advantages and disadvantages of these policies before you apply for coverage.
The most notable advantage to no exam plans is that the insurance company won’t get a picture of your health, so your health complications won’t impact your rates. If you’re in poor overall health, then no exam policies can be a great option for insurance protection.
Another benefit of these plans is that you can be approved for life insurance much faster than you can with a traditional policy that requires a medical exam. With a typical plan, you will wait several weeks, if not a month to get approved for your life insurance protection. On the hand, with a no medical exam, you can have your application approved in a matter of days. If you want to get life insurance as quickly as possible, a no exam plan is going to be the best option for you.
Some of the disadvantages of a no exam policy is what you’ll pay in premiums. The purpose of the medical exam is to give the insurance company an idea of your overall health, but without that medical exam, the insurance company is taking a much greater risk by giving your life insurance. They are going to offset that risk by charging you higher insurance rates. If you want to get the most affordable premiums, then you’ll need to apply for a plan with a medical exam.
Another significant pitfall of no exam plans is that you’re going to be limited on how much insurance you can by. Without the medical exam, most companies will only sell you around $250,000 worth of life insurance. For most families, that isn’t going to be enough coverage. Not having enough life insurance is one of the worst mistakes that you could ever make for your loved ones. Before you purchase a no exam plan, it’s vital that you calculate much life insurance your family will need.
When you’re shopping for life insurance, the company is going to review dozens of different factors when they are deciding how much to charge you every month. One of the most common reasons that people don’t buy life insurance protection is because they think that it’s too expensive, but that couldn’t be further from the truth. There are some lifestyle changes that you can make that will save you thousands and thousands of dollars on your life insurance coverage.
The first thing that you should is quit smoking. Quitting the cigarettes is one of the best things that you can do for your health and your bank account. If you’re a smoker, you’re at a higher risk for health problems like cancer or heart attack, which means you’ll pose a greater risk to the insurance company. The company is going to offset that risk by charging you much higher premiums. In fact, smokers are going to pay at least twice as much for life insurance versus what a non-smoker is going to pay. If you want to save thousands, it’s time to kick that bad habit once and for all.
The next thing that you should do is slow down on your way to work. When you apply for life insurance, the company is going to review your driving records. If you have any accidents or speeding tickets within the last year, then you’re going to be a high-risk applicant, which translates into higher premiums. Taking a little longer to get to work could save you hundreds of dollars.
Another simple way to save money is by improving your overall health. Before you can finish your online term life insurance policy, they are going to require that you take a medical exam, and the results of that exam are going to play an important role in how much you pay for coverage. If you want to save money, you’ll need to improve your health.
There are two simple ways that you can do that, by getting regular exercise and sticking to a healthy diet. Both of these will help you lose weight, lower your blood pressure, lower your cholesterol, and reduce your risk of being diagnosed with health problems. All of these are going to equal lower premiums for your insurance coverage. If you’re overweight, you can expect to pay at least 50% more than someone who is a healthy weight range.
The best way to ensure that you’re getting the most affordable term life insurance is by comparing dozens and dozens of quotes before you pick the one that works best for you. Every insurance company is different which means that the quotes are going to vary drastically depending on the company. Finding the perfect company is going to be the difference in finding a plan that fits in your budget, or paying for a policy that breaks your bank every month.
When you buy term life insurance online an independent agent can make this process as quick and smooth as possible. Instead of having to fill out forms on multiple sites you can fill out one form and have the independent agent shop all the insurance companies in your area. At TermLife360.com we are happy to help you through this process and help you find the insurance company that is right for you on price and service. Since we do not represent any one company we are able to be unbiased and provide you with quotes for all the companies that may meet your needs. If you have any question about how to buy term life insurance online or if there is any way we can serve you please let us know.