A life insurance policy pays out a lump sum to your loved ones if you die. If you have children or other people relying on you financially, it’s important to think about their future and how they’d cope financially if you weren’t around.
A life insurance pay out could be used by your loved ones to:
- pay off a mortgage
- replace an income
- pay for childcare or education costs
- maintain their current standard of living
What type of life insurance you choose depends on what best fits your needs. The two most common types of life insurance policies are level term and decreasing term.
Level term: The amount you’re covered for is fixed when you start paying your premiums, and it stays the same throughout the term. A guaranteed lump sum will be paid if you die during the policy term.
Mortgage life insurance: Also known as decreasing term insurance, is commonly used to cover the outstanding balance of a standard repayment mortgage. The amount of cover reduces over the length of the policy.
Other things to consider:
Critical illness cover: This cover provides you with a lump sum if you’re diagnosed with a defined critical illness during the policy term; for example, some types of cancer or a stroke. The amount and types of illnesses covered vary by provider, so always check the policy details.
Joint life insurance: This type of policy will cover you and another person, paying out only once following a claim and then ending. A joint policy can be cheaper than taking out two single policies, but there will only be one payout.
Over 50’s life insurance: A whole of life insurance policy is available to UK residents aged 50 to 80. There’s no medical required and acceptance is guaranteed. Pay outs from an over 50s policy could be used to cover funeral costs, household bills or leave a financial gift to loved ones.
- Why do I need life insurance?
Life insurance is for your peace-of-mind, so you know your family will be financially protected in the event that you’re no longer around.
- How much life insurance do I need?
The amount of cover you need is different for everyone, and you should tailor your policy to suit your circumstances.
- How long should I be covered for?
The length of your policy will vary depending on your personal circumstances — but you can use your reason for taking out insurance as a guide.
For instance, if you’re getting cover to protect your family, you could think about making your policy last until your children become financially independent.
- How much will it cost?
The cost of life insurance can be as little as £5 per month, but your premiums will depend on your individual needs and circumstances.
- I have life insurance through my employer – is that enough?
Even if you’re covered through your employer, it’s still worth checking that the pay-out will provide enough financial security for your family if they have to manage without your income.
You should also bear in mind that if your employment ends, your life insurance cover will also stop.
- Can I change my life insurance cover if my circumstances change?
This depends on your provider. Many offer a guaranteed insurability option so you can increase your policy without more medical checks.
This usually tends to cover circumstances like a mortgage increase, salary increase, marriage or civil partnership or becoming a parent.
But remember to check your policy documents to see exactly what you’re covered for.
- Is there anything that might stop the policy paying out?
Your policy may come with some exclusions (circumstances in which it won’t pay out) which vary depending on your insurer.
These can include alcohol or drug abuse, suicide, or deliberate exposure to danger.
- What is critical illness cover?
Critical illness cover pays out to you or your family if you become terminally ill, or are diagnosed with a specific illness included in the policy – some insurers won’t sell this cover as a standalone product.
It’s important to remember that there’s usually only one pay out, which is when you are diagnosed with an illness.
- Do I get any money back if I don’t die by the end of the policy term?
No. You don’t receive any money if you outlive the policy term. At the end of your term, you simply stop making payments and your cover ends.
You can work out the amount of cover you need by totalling up your financial commitments like:
- an outstanding mortgage
- other debts such as loans, overdrafts and credit card balances
You should also consider how much your family would still need if you were to die. For example for home living, child care or education costs.
Need some help? Use our life insurance calculator to help estimate what could be the right amount for you.
Whether you get a quote online, or via the phone, you’ll be asked questions on your lifestyle, medical history and whether you take part in any extreme hobbies or work. It usually takes around three minutes to complete this stage.
Once you’ve answered these questions, you’ll be shown a list of prices and insurers along with an indication of how likely each insurer is to accept your application (some may be keen to offer immediate cover while others may want more details). At this stage you can also find out more about what each policy offers.
Depending on your answers, you may be able to buy cover immediately without completing an application. The option to «buy now» is not available on any other comparison site.
If you’re not able to buy now, the insurer will just need to know more a little more information about you before giving you a quote.
Once completed, your application will be processed by our partner Direct Life & Pension Services Ltd. You’ll be assigned a dedicated and trusted representative who’ll liaise directly with your chosen insurer and keep you updated on the progress of your application.
This is a collection of all your assets. So your house, car, savings & investments.
A legally-acknowledged arrangement to pass on your assets under stipulated conditions, such as when you die.
How long the policy lasts for, i.e. 5-40 years.
Fixed premiums (also known as guaranteed premiums)
These premiums are fixed and guaranteed not to change during the policy term, unless you alter the cover.
Reviewable premiums are guaranteed for the first five years of the policy. After this, the insurer has the option to review your premiums on a regular basis to establish if what you’re paying is enough to provide the level of cover selected.
Waiver of premium
In the event that you’re unable to work through ill health, payments will be made on your behalf until the end of your policy term, a specified age, or until you’re able to return to work. This is often referred to as an additional extra.
The indexation option allows your plan to keep pace with inflation by increasing your cover amount.
Policy increase option
Under certain circumstances this enables you to increase your level of cover.
Terminal illness cover
Term life insurance policies that provide this type of cover may pay out before death if the policyholder becomes terminally ill.
Getting life insurance is easier than you think
Get the coverage you need
If you have loved ones that depend on you, you need life insurance. From choosing between whole and term life insurance to picking the right policy, we’re here to help you every step of the way.
Save money by shopping around
The best way to save on life insurance is to compare all of your options. Request quotes from over 30 companies, view all your options in one place and pick the policy that works best for you and your loved ones.
Start applying right away
Whether you’re a parent, a homeowner or you’re starting the business of your dreams, it’s important to make sure your assets are protected – today and for years to come. Once you’ve found the right quote and policy, you can start your application right away.
Get a Life Insurance Quote — It Only Takes a Few Minutes
The Life Rate Quote Will Take 5-10 Minutes
The quotes generated by this program are not a contract, binder, or agreement to extend life insurance coverage and are based on the listed factors and the applicable underwriting criteria for the rate shown. The exact premium can only be determined after an underwriting review and may be different or the policy may not be available. Please contact a State Farm® agent for further details. Coverages quoted are not FDIC insured, not State Farm Bank guaranteed and may lose value. Life insurance issued by State Farm Life Insurance Company (Not licensed in MA, NY, or WI), State Farm Life and Accident Assurance Company (Licensed in NY and WI), Home Offices: Bloomington, Illinois.
Getting a quote for life insurance is easy — here’s how.
It doesn’t have to be complicated and requires no commitment. All you need is a minute or two.
When it comes to life insurance it’s a common assumption that choosing a product, by its very nature, is complicated or overwhelming. This sentiment came across in our findings when we surveyed 1000 parents without life insurance, with a number of mums and dads believing that taking out a life insurance policy would be complicated and time-consuming. In fact, this was the third most-cited reason parents gave us for not taking out a policy.*
However, taking out a policy can be pretty easy. For instance, our online quote system can get you a life insurance quote in under 2 minutes and you’ll get an instant online decision if you decide to apply. You can even save your progress and return to it later on.
So you just need a couple of minutes, some very basic, general information about yourself and access to our quote system.
What’s the point of a quote? It’s a quick and easy way to get an idea of what your premiums may look like, depending on:
- The kind of life insurance you want (life insurance or decreasing life insurance)
- Who you’d like to cover (just yourself or a partner too)
- And the amount of cover you’d like
- Or how much can comfortably afford (with the minimum monthly premium being just £6 per month).
You’ll also be asked for:
- Your date of birth
- How long you’d want the cover to last
- And if you smoke (or have smoked in the past 12 months).
If you’re unsure about the type of life insurance you may need, or what you want the policy to cover, clicking on the question mark icons may help answer your questions.
Once you request the quote, you’ll be given the option of adding critical illness cover to the quote or not. Again, a clear explanation of critical illness cover is provided. You’ll also be asked whether you’d like to pay your premium monthly or annually for a discount of up to 4%.
That’s it. You’ll have your quote summary. Should you want to explore a few options, you can edit your quote as well. You also have the option to go ahead and apply for a policy there and then, or call us and ask further questions.
At this stage, you are not required to give any contact details. While you’re invited to give an email address and phone number, you don’t have to. Simple as.
If from here, you want to apply for life insurance, you can do so online by filling in a form or calling us. This is, of course, a more detailed process, but even so, completing the application will usually take less than 30 minutes.
Why do you need Life Insurance?
Don’t leave your family with financial stress and worry
Life Insurance can help your family continue their standard of living
Life Insurance can help pay bond or rental costs
Life Cover can pay for funeral costs, and repay outstanding debts
If you were to pass away today, how would your family maintain their lifestyle without your income? Anything can happen, but with Life Insurance you can give your family financial security for the unexpected.
A Life Insurance policy gives you the assurance that your family’s living expenses and education will not suffer, even if you’re no longer there to provide for them financially.
With Hippo.co.za, you can compare Life Insurance quotes to help you find the right Life Cover policy to suit your needs. Compare quotes and get covered today.
Term Life Insurance Calculator
Find an Affordable Term Life Insurance Quote!
The amount of life insurance you may need can increase or decrease with all the different changes in your life, such as getting married, buying a home, starting a family or getting a raise at your job. Planning for your family’s future is an important one, so you should have all the information you need before you buy a term life insurance policy. Before you get a term life insurance quote or buy a term life insurance policy, use our term life insurance calculator to make sure you are covered appropriately.
Our term life insurance calculator includes economic forecasting which models income growth and growth of money you put in savings. So you’ll have more information when it’s time to get your term life insurance quote and buy your term life insurance policy.
Life insurance is a type of policy that pays out a sum of money to your dependants if you die. Your partner, your children or anyone else who depends on you financially could be a dependant. The cost of life insurance will depend on several factors, such as your age, lifestyle and health.
Life insurance gives you peace of mind that any financial commitments you have – including your mortgage, childcare costs or funeral expenses – are taken care of when you’re not around.
The two main types of life insurance cover are level-term insurance and decreasing cover insurance.
Level-term insurance covers people for a period of time and typically offers a fixed lump sum of money if they pass away during that time period.
Decreasing cover is a type of insurance that’s often (but not always) bought to clear a specified debt that itself decreases over time. This type of cover is often taken out to cover mortgage costs.
There are many other types of cover to think about, including critical illness cover and whole of life insurance.
The level of life cover that’s right for you will depend on your personal circumstances. Your options include: level-term, joint life policies, over-50s plans and whole of life insurance.
- Level-term will offer a lump sum to a dependent in the event of death. You could choose this to ensure your financial commitments, such as childcare costs, can still be paid.
- Joint life policies are often chosen by couples. You choose an amount of cover, which is paid out in the event that you or your partner passes away during the length of the policy. If this happens then the policy would then end.
- Over-50s plans tend to offer a smaller payout to cover things such as funeral expenses, but the amount you pay for your premium is guaranteed so it won’t go up or down.
- Whole of life insurance covers a person for their whole life. If your health deteriorates then your premium won’t be affected. However, these policies tends to be more expensive than others.
Whatever your age, as an adult it’s always a good time to start thinking about life insurance. In particular people with loans, mortgages and financial dependents should think hard about getting a life insurance policy.
Although it’s common to get a new policy after a major life event – such as having a baby or moving house – it can be a good idea to buy at any time as the insurance premium you’re offered could be cheaper.
This is because providers tend to think of younger people as less risky as they’re more likely to be healthy and therefore less likely to claim.
So there you have it. Whether you’re a spring chicken or not, there isn’t a better time than now to shop around for peace of mind with life insurance.
Company and Plan Information
American General Life Insurance Company
Policies issued by American General Life Insurance Company (AGL), Policy Form Numbers ICC16-16901, 16901, ICC16-16900 and 16900. AGL is responsible for financial obligations of insurance products and are members of American International Group, Inc. (AIG). Products may not be available in all states and product features including rates may vary by state. All guarantees and benefits of the insurance policy are backed by the claims-paying ability of the issuing insurance company. They are not backed by the broker/dealer and/or insurance agency selling the policy, nor by any of their affiliates, and none of them makes any representations or guarantees regarding the claims-paying ability of the issuing insurance company.
Banner Life Insurance Company (L & G)
Legal & General America life insurance products are issued by Banner Life Insurance Company, Urbana, MD and William Penn Life Insurance Company of New York, NY, NY. Banner is licensed to do business in 49 states and the District of Columbia. William Penn does business exclusively in New York; Banner does not solicit business there. LAA1978 (05-15) 15-209. OPTerm Series Policy Form Banner — OP100218, Banner — OP150218, Banner — OP200218N, Banner — OP200218S, Banner — OP250218N, Banner — OP250218S, Banner — OP300218N, Banner — OP300218S.
John Hancock Life Insurance Company
Insurance products are issued by John Hancock Life Insurance Company (U.S.A.), Boston, MA 02210 (not licensed in New York) and John Hancock Life Insurance Company of New York, Valhalla, NY 10595. Policy Form Series: ICC16 2017TERM, 2017, Term Rider Form Series: 17UPR,S128-6,S134-1. www.johnhancockinsurance.com
Lincoln National Life Insurance Company
Lincoln LifeElements® Level Term (2017) — 03/12/18 is issued on policy form TRM6063 and state variations by The Lincoln National Life Insurance Company, Fort Wayne, IN, and distributed by Lincoln Financial Distributors, Inc., a broker-dealer. The Lincoln National Life Insurance Company does not solicit business in the state of New York, nor is it authorized to do so. All guarantees and benefits of the insurance policy are subject to the claims-paying ability of the issuing insurance company. They are not backed by the broker-dealer and/or insurance agency selling the policy, or any affiliates of those entities other than the issuing company affiliates, and none makes any representations or guarantees regarding the claims-paying ability of the issuer. Products, riders and features are subject to state availability. Limitations and exclusions may apply. Not available in New York. Check state availability.
North American Company for Life and Health Insurance
ADDvantage plans are issued on policy form series LS174, Accelerated Death Benefit Endorsement is issued on form series LR474, Children’s Term Insurance Rider is issued on form series LR456, Waiver of Term Premium for Disability Rider is issued on form series LR472; or state variations by North American Company for Life and Health Insurance, Administrative Office, One Sammons Plaza, Sioux Falls, SD 57193. Product, features, riders, endorsements or issue ages may not be available in all jurisdictions. Limitations and restrictions may apply.
Pacific Life Insurance Company
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Insurance products are issued by Pacific Life Insurance Company in all states except New York and in New York by Pacific Life & Annuity Company. Product availability and features may vary by state. Each insurance company is solely responsible for the financial obligations accruing under the products it issues. Insurance products and their guarantees, including optional benefits and any crediting rates, are backed by the financial strength and claims-paying ability of the issuing insurance company.
Principal National Life Insurance Company
Principal National Life Insurance Company and Principal Life Insurance Company, Des Moines, IA 50392 Insurance issued by Principal National Life Insurance Co. (except in NY) and Principal Life Insurance Co. Principal National and Principal Life are members of the Principal Financial Group®, Des Moines, IA 50392. All guarantees and benefits of the insurance policy are backed by the claims-paying ability of the issuing insurance company. They are not obligations of, nor backed by, the broker/dealer and/or insurance agency selling the policy, nor by any of their affiliates, and none of them makes any representations or guarantees regarding the claims-paying ability of the issuing insurance company. Principal National Life Insurance Company Policy Form: ICC17 SN 104, Rider Forms: SN 2, SN 3, SN 4, SN 5, SN 42 and ICC17 SN105.
Protective Life Insurance Company
Protective Classic Choice Term, policy form number ICC16-TL 21/TL-21, and state variations thereof is a level death benefit term life insurance policy to age 90, issued by Protective Life Insurance Company, Birmingham, AL. Policy form numbers, product features, and availability may vary by state.
Consult policies for benefits, riders, limitations, and exclusions. Subject to underwriting. Up to a two-year contestable and suicide period. Benefits adjusted for misstatements of age and gender. In Montana, unisex rates apply. Premiums increase annually after the initial guaranteed premium period. All payments and guarantees are subject to the claims-paying ability of Protective Life Insurance Company.
Prudential (Pruco) Life Insurance Company
Term Essential (PLTIC-2016 or ICC16 PLTIC-2016) is issued by Pruco Insurance Company in all states except New York, where they are issued by Pruco Life Insurance Company of New Jersey. Both are Prudential Financial companies located in Newark, NJ. Each is solely responsible for its own financial condition and contractual obligations. The contract numbers may be followed by a state code. Not available in all states. The form number for the Accidental Death Benefit is TB 113-2000; the Waiver of Premium is TB 100-2000; and the Children’s Protection Rider is TB 182-2000.
Savings Bank Mutual Life Insurance Company of Massachusetts (SBLI)
Policy Form Series: B-52, B-54, B-56. Rider Form Series: BN-7L, BN-8, BN-9, BN-50, BN-56, BC-40.1, 14-WOPR. Dividends are not guaranteed. They are declared annually by SBLI’s Board of Directors. All guarantees are subject to claims-paying ability and financial strength of the issuing insurance company. Products and features may not be available in all states.
Transamerica Life Insurance Company
Trendsetter® Super Series are term life insurance policies issued by Transamerica Life Insurance Company, Cedar Rapids, IA. Policy Forms ICC17 TL22, TL22 0417, issued by Transamerica Life Insurance Company. Premiums increase annually for Trendsetter Super YRT, and beginning in year 11 for the 10- year policy, in year 16 for the 15-year policy, in year 21 for the 20-year policy, in year 26 for the 25-year policy, and in year 31 for the 30-year policy. Policy forms and numbers may vary, and these policies and the riders may not be available in all jurisdictions. Insurance eligibility and premiums are subject to underwriting. In most states, in the event of suicide during the first two policy years, death benefits are limited only to the return of premiums paid.
United of Omaha Life Insurance Company
United of Omaha Life Insurance Company is a Mutual of Omaha Company and is responsible for its own financial and contractual obligations. Base plan riders and product features may not be available in all states. These policies have exclusions, limitations and reductions. For costs and complete details of coverage, call or write your insurance agent. Policy Forms: Term Life 10 – 6179L-0696. Term Life 15 – 6181L-0696. Term Life 20 – 6182L-0696. Term Life 30 – 7064L-0203. Policy Exclusions: The policy’s face amount will not be paid if your death results from suicide, while sane or insane, within two years of the date of issue.
All insurance quotes and products offered through QuickQuote Financial, licensed agency and Timothy S. Bain, licensed agent.
Premium rates quoted are current as of this date, as provided by our partner insurance companies. The premium rates shown are for quoting purposes only and are not an offer of coverage nor are they a guarantee of final premium rates for your policy. Final premium rates will be determined by the insurance company and are based on individual circumstances. As a result of underwriting, final premium rates may differ from quoted premium rates. Although we strive for 100% quoting accuracy, occasional quoting errors may occur.
QuickQuote Financial, Inc. is a licensed independent broker operating in 49 states and the District of Columbia. We represent our customers and are contracted to market the insurance products of several different insurance companies. QuickQuote Financial, Inc. does not contract with outside agents or brokers. Your insurance application process will be handled by employees of QuickQuote Financial, Inc., contracted partners, and the life insurance companies.
We charge no fees to our customers for our services. We are compensated directly in the form of policy commissions by the insurance companies we contract with. When you purchase a policy through QuickQuote Financial, Inc., the insurance company pays us a commission, depending on the contractual agreement in place. QuickQuote Financial, Inc. may also receive periodic bonus payments from insurance companies based on specified volume levels.
QuickQuote Financial, Inc. is completely impartial when it comes to helping customers select an insurance company. We do not direct customers to specific companies for purposes of increased compensation. Customers are able to select the company of their choice from our Website marketplace. As a customer, if you require assistance with your specific company selection, our team of Licensed Insurance Professionals will help you find the company and product that best meets your individual needs.
Life insurance is your financial safety net
Life insurance can help your family maintain the lifestyle they’ve grown to love and provide longer-lasting financial security. Your family can use it to help pay for funeral expenses, housing costs, medical bills not covered by health insurance, children’s college, debts and just about anything else they may need.
Simply put: life insurance can remove many of your financial worries. Just get a life insurance quote today, check these worries off your list and your family could be better protected.
Life insurance rates are more affordable than you might think
Life insurance rates start at $14 per month.*
Coverage options start at $50,000 and go all the way up to $1 million. The younger and healthier you are, the more affordable your rates can be.
What is life insurance and how it works
A life insurance policy works similarly to any other type of insurance policy. You determine how much coverage you need, how long you need it and then you make your payments (called premiums). You typically can choose to pay monthly, annually or quarterly for 10, 20, 30 years or over your lifetime to maintain the coverage. When you die, if your policy is still active, the people you’ve listed on your policy (called your beneficiaries) get paid the death benefit. In most cases, this payment is paid in one lump sum.
Get a life insurance quote online and compare rates in just 5 minutes
We selected Efinancial to bring you one of the industry’s leading searching and comparing technologies. Efinancial works with top-rated life insurance companies to bring you some of the most competitive rates.
Get a life insurance quote, and you can instantly compare policy options and estimated rates from several leading life insurance companies.
SAFEGUARD YOUR FAMILY’S FUTURE.
Whole life insurance is the simplest type of permanent guaranteed life insurance. It can help you protect your family in the future and accumulate money over time. Talking to an Allstate personal financial representativecan help you understand the different features of various whole life insurance policies. Whole life insurance policies offer you features like:
- Death Benefit: The death benefit is the amount the policy that is paid to beneficiaries as long as the premium payments are made.
- Lifetime Coverage: Whole life insurance offers protection for your lifetime as long as your payments are made. Your premiums are guaranteed to stay the same and your coverage level won’t change, so you can rest assured that you’re covered throughout every phase of your life.
- Cash value: You can build cash value over time because whole life insurance policies offer a savings component. This cash value will increase regardless of market conditions. You can access the money you’ve accumulated; however, keep in mind that taking a loan or withdrawal from your policy could reduce the surrender value and affect the amount your beneficiaries would receive if something were to happen to you.
- Options: If you choose Whole Life Advantage, it has additional features called «excess credits,» which can help your policy build cash value.
WHOLE COVERAGE FOR YOUR WHOLE LIFE.
Life doesn’t come with guarantees, but whole life insurance does. You can expect a guaranteed death benefit, guaranteed cash value accumulation and payments that are guaranteed to stay the same. Learn more about whole life insurance and see how a whole life insurance policy can help you protect your loved ones’ future.
So, you have decided to shop around for life insurance quotes. Want to save a few thousand dollars on your next life insurance policy? Well, think about how long you pay for life insurance and how much of a life insurance quote difference of $5 per month would make over a 30-year term life insurance policy. Now take that figure ($1800) and think about how much more that would be if you would have had it to invest.
It really adds up!
Many people don’t realize how much a small increase in life insurance premium can add up over the course of a life insurance policy. What often happens when one is shopping around for life insurance quotes is that they don’t bother to worry about just a $5 a month difference, but as you can see from above, it pays to pick the lowest of your life insurance policy quotes.
Now that you know to pay attention to every dollar when shopping for your life insurance quotes, let’s look at a few ways to shop around for the best life insurance quotes so you can start saving thousands on your next life insurance policy!
1. Determine Your Needs:
First you will want to get a good idea of just how much insurance you need. If you have not taken the time to research your needs then you will not be able to make an informed decision when the insurance agent or company that you are acquiring your insurance quotes from accesses your life insurance needs.
1. Pick Your Life Insurance:
Term or Whole Life? These are the two basic types of insurance and vary in how they work. Research these choices so again, you can make an informed decision when acquiring your life insurance quotes.
2. Shop Online and Locally for the Best Life Insurance Quotes:
Don’t assume online is always the best deal.
It can be convenient but also having the convenience of a local agent can be helpful. When determining where to get your life insurance quotes take the time to contact many companies. Of course the bottom line price should not be the determining factor in your choice, but using the cost of the life insurance quotes is a good place to start comparing. Be prepared for medical questions and a medical exam and don’t worry… just because one company may deny you that does not mean another company will. Also, make sure know the financial strength of your chosen companies to compare.
3. Check for Extra Discounts:
Once you have found a handful of companies that have similar low life insurance quotes, now it is time to dig deeper and compare their particular life insurance products. One good comparison area is to evaluate the various additional savings features offered by each company. These include discounts for automatic drafts, organization memberships, and multiple insurance packages from same company (life and disability).
4. Understand the Life Insurance Policy:
And of course, when shopping for your life insurance quote and comparing companies, you will want to make sure you are comparing apples to apples.
For example, some life insurance companies may give you a 3-month quote price and some may give you a 6-month quote price. Other areas to look for in comparing life insurance policies equally are: fixed premiums (premium stays the same throughout the policy), return of premium (your premium will be returned at the end of the policy if unused), guaranteed renewable policies (you will be able to renew the policy after it has expired), and the exclusions (benefits that are not included). Also, be aware of the «free look» time. This is the time in which you can change your mind after acquiring the policy, usually somewhere within 10 days.
You Purchased an Affordable Life Insurance Policy, Now What?
Maintain my life insurance policy? Yes! It is great that you found an affordable life insurance policy but purchasing your affordable life insurance policy is just the first step in being a responsible life insurance policy holder.
If you want to get the most out of your life insurance policy and you want it to protect your loved ones like it should, there are steps you need to do in order to make sure your life insurance policy stays current and safe.