Low Cost Life Insurance

Low Cost Life Insurance

By Tom Poblano –  At M2 Insurance, we work hard to help you obtain  Low Cost Life Insurance!11505802_xxl

Life insurance is an essential part of financial planning, but understanding it, and buying the right policy can be tricky. There are  low cost Term and low cost Whole Life plans to consider.  Here are some steps you can take to ensure you get the perfect policy for the best price.

Low Cost Insurance

Term life insurance , with a Medical Exam ,  is a more affordable option for life insurance. It  covers you for a set period of years; it is usually sold for 10, 20, or 30 year periods. A term life insurance policy is usually much less expensive than a whole life insurance policy per month. You can compare rates by clicking HERE

Term Life Insurance with No Medical Exam – Can be a bit more expensive, but if you hate medical exams, need a policy in place quickly, then this would make a great option! Click on our quote module image to run your own Term Life Insurance quote. This module allows you , if you qualify, to have a Term Life Insurance plan, in place, in about 10 Minutes!

Whole Life Insurance plans are life time plans. The plans will be more expensive but the policy will not expire so long as you make the premium payments. To get the lowest cost whole life insurance plan you should get a plan that is medically underwritten. You can run your own Whole Life Insurance quotes by clicking HERE

Life Insurance Quotes

Do not withhold information when you apply for life insurance. If you don’t tell your life insurance agent about your bungee jumping hobby or the fact that you actually are a smoker, and they find out, your policy may be canceled and you may lose all the money you have put into it. Additionally, if you should die, and your insurance company learns that you have given them false information, they may not pay.

Consider obtaining a higher value of life insurance than you think is necessary at this time. There are several reasons why this is a good idea, including the fact that there are unknown costs that could be incurred by beneficiaries, while inflation can lessen the value of a policy purchased today, in the future.

Do not be afraid to make changes to your life insurance. As you get older, what you need from your policy will change. Once your children have left the house and you are financially secure in your retirement, you may even make the decision to drop your policy all together and get a small Final Expense Life Insurance Plan.

You can save time and money if you buy a life insurance policy online.  We offer the ability to run your own Term and Whole Life Insurance quotes, or you can use our No Medical Exam plan to run your own quotes and apply online! Click HERE to run online No Medical Exam Life Insurance Quotes.

At any age, Life insurance is never a bad idea. If you are young, you should try and get as much life insurance that you may need to carry you through your money making years.  If you are older , a small low cost whole life insurance policy may be the answer.  In any event, you may be able to provide you with peace of mind at a low cost, all you need to do is ask for a quote.

To get a good life insurance rate, purchase life insurance while you’re still young. Rates are lower the younger you are, and you can keep paying the same rate as time goes on. You may not need life insurance now, but you’ll need it in the future. Being proactive about your life insurance will help you get a great policy for a low cost.

As you read, life insurance is incredibly important to your current and future financial planning and so is understanding all the different kinds. With this understanding, it makes it easier for you to determine what policies fit your personal needs. Following these simple tips, is a very good starting place.

Give me a call today to discuss your needs my number is 512-963-5000 or fill out my contact form and I will give you a call