Are you getting the best value of life insurance coverage?
Life insurance is one of those policies that is so incredibly important yet often forgotten about. In fact, 53 percent of households across the nation don’t have individual plans. Many people think it’s too expensive, too complex, or think that they just don’t need coverage. In truth, life insurance is more affordable than a fancy cup of coffee a day, and almost everyone should have it!
Here are your top tips for getting the right rate of life insurance for your needs.
Buy Term Coverage
The best way to save on life insurance is to buy temporary cover. A term-life policy provides protection for a specific number of years, and is usually the best option for individuals aged 20 to 50.
Purchase It Young
Generally, if you’re young and healthy, the chances of you dying from a chronic condition are slim. Healthy adults tend to have lower premiums than those with pre-existing conditions. To lock in a low rate, your best bet is to purchase life insurance when you’re young and healthy.
Be a Good Driver
Life insurance companies will look at your DMV record to learn more about you and your risks, believe it or not. The better your record, the lower your rates are likely to be.
Are you ready to secure the right rate of life insurance for your needs? Visit the team at Donal Weiss Insurance Services to receive expert help in tailoring coverage to your family – and wallet! Give us a call today on (310) 451-6277.
