Should I buy whole life insurance?

That’s a question we hear often. Many people are looking to invest in life insurance to ensure that their loved ones are protected financially when they pass. But with so many life insurance types and companies, it can be stressful and overwhelming to make a decision. Insurance Best Prices helps people find the right policy for their needs. You can submit a quote online, and compare quotes to find the best price and policy for your needs.

Whole life insurance might make sense for you if:

• You want lifetime coverage and don’t want to worry about your life insurance policy expiring before you pass away.
• You have the ability to make higher (sometimes 10x higher than term life insurance) premium payments
• You want your life insurance policy to come with a savings component that you can borrow against tax-free
• You want to leave behind an inheritance to your beneficiaries or your dependents have high financial needs you want to cover

How are whole life insurance rates determined?

Wondering how life insurance rates are calculated? There are many things that go into evaluating a whole life insurance applicant and calculating their premium, including:

• The amount of benefit they want to provide (coverage)
• Their gender (women tend to outlive men)
• Your hobbies (riskier hobbies can up your premiums)
• Your age at the time you buy (the older you are the higher the risk you are and the higher the premium)
• Your health at the time you buy (the healthier you are the lower your premium)

What to do before your request a quote.

Before you request a quote for life insurance from Insurance Best Prices, you should determine how much life insurance and how much coverage you need. Coverage varies from person to person, but people typically shoot for ten to twelve times their income. Consider how much you can afford, and how many people depend on your financial support.

How can I buy whole life insurance online?

InsuranceBestPrices.com makes it easy to purchase your whole life insurance policy online. You’ll start by entering your zip code and then complete a short and simple, secure online web form. Once completed, your information will be reviewed by our trusted life insurance partners who will connect with your regarding your personalized quote. You will review your quote and decide if it’s right for you. There is no obligation to commit to a policy and no fee associated with our service.