One of three types of life insurance, Term Life Insurance offers you a fixed benefit for a certain amount of years, based on the term you choose. During that time your benefits are guaranteed to remain the same.
How long are the terms?
Insuraway offers a number of coverage options with premiums lasting for 10, 15, 20, or even 30 years depending on what you choose. Depending on the carrier, you may also choose the option to continue coverage at the end of the level term period.
When should I buy Term Life Insurance?
With Term Life Insurance, the younger you purchase your plan, the more favorable your premiums will be for your term because you’ll be healthier and qualify for better options. However, you can get coverage between the ages of 20-75, and there are affordable options for seniors as well. So if you find yourself with coverage at any period in life, you can opt to get some form of Term coverage.
What affects my rates?
When you apply for life insurance you will at a minimum have to answer a short series of medical-related questions. It’s important to be honest because if you lie, about something like smoking, for example, your family can be denied coverage later if you’ve misled your carrier. Factors that affect your rates include the following:
- Your age
- Whether you are a smoker or a non-smoker
- Preexisting health conditions
- Prescription history
Insurance Benefits for Employees
“I have a small business and offering some type of insurance benefits to my employees really helped with retention and finding great talent.”
Great Customer Service!
“Good customer service and support is so hard to come by these days. It was nice to work with a company that still takes that serious, they definitely earned my business.”
Pre-existing Medical Concerns
“I had a few pre-existing medical concerns, and my family was growing. I am so glad I contacted Insuraway. In one day, I was able to check “insurance” on my to-do list! LOVE THEM!”
Need a Free Quote?
Insuraway.com is privately owned and operated by (Insuraway Group LLC.) d/b/a Insuraway Insurance Agency. Invitations for applications for insurance on Insuraway.com are processed through Insuraway Insurance Agency, only where licensed and appointed. Insuraway Insurance Agency is licensed to sell insurance products in the following states: FL #L10284 & Texas #2627607. We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.