Best Term Life Insurance Quote
Which company has the best *TERM* life insurance quotes for people over 50 ?
Obviously, people over 50 years old will pay a high premium–but is there a company out there that won’t “soak the customer” , and at the same time are a reputable company ?
In closing–I am not a fan of the ‘colonial penn’ type deals that plaster their commercials over the television.
there are plenty of top rated companies out there that can give you a quote. The only problem with quotes is that they are by definition not accurate because life insurance is priced on not only your age but your TRUE health. And the only way for an insurance company to get your true health is by you applying for insurance and going through their medical exam.
One thing you may want to consider is that buying term insurance is basicaly betting that you are going to die with in the term of the policy… for example a 20 year term insurance policy you are betting that you are going to die in 20 years… so let assume you are 51, that means you would have to die by the age of 71 for your insurance to not go through the roof. With the advances in medacine these days the likelyhood of you dieing in 20 years is very slim… but you still are going to die someday. So the question you need to ask yourself is why am I buying this life insurance policy? Am I buying it to conserve my estate? Is it for business purposes? But if the reason is for a long period or there is even a slim chance that it could be extended longer than the term you are thinking about, term insurance is not the way to go.
Remember there is always a price tag for what ever your reasons, the question is do you want to know that you are going to pay for it whole dollars, or partial dollars?
