Anyone with a Family (both Mom and Dad) needs life insurance. Even single people should have enough life insurance to cover funeral expenses (how depressing). If you're not sure How much you need, you can use the Life Insurance Calculator (click here - new window will open).
Buy Life Insurance Online, SAVE Time & Money!
Buying life insurance online can save you time and sometimes ALOT of money. With the TOP insurance companies listed ABOVE you simply have to fill out a form that takes a few minutes. Two of the companies can give you a quote immediately, with American Direct able to ISSUE your policy instantly. This is for Instant life insurance up to $150,000 (if qualified) -- and you can even Print your Policy immediately.
I personally used an online life insurance company last year. Here's an example of online buying of life insurance:
I was 47 years old, and a Smoker. I requested $100,000 term life policy (this was to added to my already existing policy with another company to increase coverage). I received 4 Email Replies and called one of the agents. He wrote a life insurance policy for me with an AA Insurance company.
I had to have a simple (free) medical exam done. The life insurance company sent a licensed venipunturist to my home at My convenience -- to take my blood and urine samples and listen to my heart and take my blood pressure.
Based on the medical exam, my cost is only $263.00 A Year (paid annually) for $100,000 term life coverage. The rate is Guaranteed for 10 Years and I can turn it into a Whole Life policy at any time within 10 years.
This is an EXCELLENT Value. I Never would have found such a GREAT rate calling around the agents locally.
Get Your Free Quotes for Life Insurance, Compare Rates
SAVE up to 70% on Life Insurance!
Life Insurance in the News:
Six Life Insurance Companies Renew Membership in IMSA, Ethical Standards-Setting Organization (Business Wire via Yahoo! Finance)
Six life insurance companies, including three from Allstate Financial, have qualified to renew their membership in the Insurance Marketplace Standards Association , the national organization dedicated to promoting high ethical standards in the marketing, selling and servicing of individually sold life insurance, annuities and long-term care insurance.
Multiple taxes stunt life insurance in RP (ABS-CBNNEWS.com)
An economist blamed on Thursday the government’s multiple taxes on life insurance for the stunted growth of the industry.
Pacific Life Announces Addition of Nine New Investment Options and Two Flexible Riders to Variable Life Insurance (Business Wire via Yahoo! Finance)
Variable life insurance products continue to regain favor in the marketplace and by the end of the third quarter 2004, variable life sales were up industry-wide by 9 percent over the previous year.
US Treasury Limits Use Of Life Insurance Products For Tax Avoidance, by Glen Shapiro, LawAndTax-News.com, New York 02 (Investors Offshore)
The US Treasury Department and the Internal Revenue Service on Monday finalized a regulation designed to limit the use of life insurance and annuity contracts as a way to avoid current taxation of investment earnings.
New York Life Enhances Its Whole Life Insurance Products (Business Wire via Yahoo! Finance)
New York Life Insurance Company today announced new competitive features to its popular whole life product line. The best risk class for qualifying consumers is now offered at lower face amounts.
Life insurance industry hails tax waivers (India Daily)
Private life insurance players today welcomed the Union Budget with the new consolidated provision of tax deduction up to Rs. 1 lakh for various saving instruments.
LIC finds UB offer enticing (The Telegraph)
Mumbai, March 4: A senior Life Insurance Corporation (LIC) official today termed the UB group s open offer price for Shaw Wallace shares attractive. LIC holds 4.60 per cent of Shaw Wallace that saw a surprise and unsolicited open offer from the UB group.
Life insurance industry welcomes tax waivers (The Economic Times)
MUMBAI: Private life insurance players on Monday welcomed the Union Budget with the new consolidated provision of tax deduction up to Rs one lakh for various saving instruments.
Life Insurance (Investopedia)
A protection against the lost income that would result if the insured passed away. The named beneficiary receives the proceeds and is thereby safeguarded from the financial impact of the death of the insured.
Aviva (Global Fund News)
Aviva runs the master trust platform Navigator in Singapore. The platform was a part of Australia's Norwich Union when it was started in 2002 but was integrated in the Aviva life insurance business last year.
