Life Insurance Basics / Life Insurance 101

If you are just getting started looking into coverage, a practical first step to look into the life insurance basics. We can help you easily understand the life insurance basics and compare rates while, only taking a few minutes of your time.

Life Insurance Basics – Life Insurance 101, is great place to start to find reference materials to better understand:

  • How Much Life Insurance do you Need?
  • Life Insurance Risk or Rate Classification (what rate you will get after you apply)
  • Understanding the Life Insurance Application Process (Steps to apply for a policy)
  • Financial Ratings of Life Insurance Companies (company selection)

We have created an educational site along with proprietary price comparison system to give you an easier learn about the life insurance basics and compare our great rates.

How Much Life Insurance do I Need?

How Much Life Insurance do I Need?

The industry has many different life insurance needs calculators, and needs analysis tools to assist clients in finding the proper amount of life insurance.

Many industry experts recommend the death benefit on your policy should equal 10 times the amount of your annual income.

However, the amount of insurance you really need will depend on your current financial situation and what type of lifestyle you want your family to have if you die.

Life Insurance Rate Classification

Life Insurance Rate Classification

When looking into a life insurance policy, it is often difficult to know exactly the premiums you will pay until your policy goes through the underwriting process.

Many agents give quotations based on the best rate class in order to win your business.

However, the risk classification or rate class the life insurance company gives you at the end of the application process is what really matters.

The Insurance Application Process

The Insurance Application Process

Since, many people are not familiar with the steps in actually obtaining a new policy, it is helpful to discuss the processing steps with you.

How Long does it take to get my policy approved?

The life insurance application process can vary in duration depending on the agent processing the application, and the details of applicants medical history.

Ratings for Insurance Companies

Ratings for Insurance Companies

Financial ratings for life insurance companies ratings are very important to us when selecting a life insurance company for you.

For an insurance company, there is nothing more important than it’s financial strength and ability to pay claims to policyholders.

Ratings agencies assist policyholders by assessing a grade based on the financial strength and claims paying ability of each insurance company.

Do you Need Affordable Life Insurance Quotes

Do you already have understanding of the life insurance basics?Great, you can go ahead and jump right in!

Get started by clicking “Get Quote” using our life insurance calculator below:

affordable life insurance quote

Our agency would love the opportunity to work with you on your life insurance planning.

We specialize in assisting individuals and business owners find affordable life insurance.

Since, many companies sell life insurance, it is impossible for you to know which carriers offer the lowest prices.

We have streamlined the process of shopping for life insurance and monitor a network of over 186 of America’s top life insurance companies.

If you eventually choose to work with us, we promise to work diligently with you from start to finish to find you the best overall plan for your needs and budget.

Please do not hesitate call us with any questions 1-877-249-1358.