Cheapest Life Rates with No Load Policies

Are you an organized person who can keep track of your own paperwork and dates? Do you like to save the most money possible? If you can answer yes to those questions, you may consider a no load term life insurance policy. A load, in financial terms, is the amount charged for the agent’s commission. This is how they are paid. Now, there is no doubt that a good insurance agent can save people a lot of grief, and they certainly deserve to be paid for their work.

$1 Dollar Insurance “Catch” or Scam

Does One Dollar Really Buy Life Insurance?

No, $1 does not buy life insurance. Sorry. The dollar you send in with your completed application is an advertising gimmick. Of course, if you application is accepted, and you complete the first 1 – 3 months of your policy, you will receive a notice of a much higher rate. Many people cancel after the trial period, and companies who advertise the $1 buys life insurance — and you know who you are — expect that. They just assume that a lot of people who have gone through the trouble to apply, will go ahead and keep the life insurance.

What is Final Expense Insurance?

What is Final Expense Insurance?

Funerals are stressful enough without having to worry about coming up with several thousand dollars to pay for a funeral. Sometimes debts need to be settled, medical bills must be paid, and loved ones need to travel to a funeral too. Final expense insurance provides cash when the insured person dies, and that way the policy beneficiaries do not have to worry about coming up with money at this time.

Final expense policies are designed to be an affordable way to plan, and also to be easy to issue for older and less healthy people. Simplified issue policies ask very few health questions. Guaranteed issue policies do not require any health questions to be answered.

Best Term Life Insurance Deal

Lots of people are searching for the best term life insurance at the lowest rates. They search the internet, talk to life insurance agents, and ask around. However, it is very difficult for anybody to point a potential life insurance client in the right direction without collecting any information. As you know, life insurance rates depend upon health history, age, health habits, and even zip code! Some life insurance companies take a credit score into account in much the same way many car insurance companies do!