“So, how much did you get term life insurance?”
I love sharing with friends why I prefer term life more than whole life when it comes to insurance.
Each time after I finish telling them all the benefits of term life insurance, they will ask how much I pay for my annual term life premium.
Well, I bought a whole life insurance. It’s not possible to switch to the term life after knowing its benefits. 
No doubt, this terrible economy has made people more careful with their money. They will calculate and compare prices again and again before they part with their money.
Hubby’s buddy just told us that he collected tonnes of term life insurance quotes from some local insurance agencies and also online insurance companies before he made up his mind.
It took him a few weeks to finally pick the best term life insurance policy.
He was secretive when we asked if it’s the best term life insurance or the cheapest term life insurance. There is difference, you know.
Having just settled my term life insurance premiums, it’s time to save for my auto insurance which is going to be due in September. Many people are as surprised as you are as to why I bought term life insurance, and not whole life insurance.
I am happy that my auto insurance will be cheaper this year. Last year, I paid about $222 for the auto insurance premium. My buddy told me that I may only need to pay $150 or less this year owing to my clean driving record all these years.
But his advice to me is that I should do auto insurance comparison to save more money. Money saved can be used to pay off my credit card debts or buy household supplies.
Read MoreAccording to crash statistics, 20% of large truck accidents are due to the truck driver‘s negligence in the form of excessive speed.
Every person can be threatened by vehicle accidents but heavy vehicles like commercial trucks and large freight carriers impose greater danger on us all.
As a matter of fact, my dad was knocked down by a truck more than 10 years. The truck and insurance company failed to comply with their promises to provide payment to damages, so my mother resorted to getting help from a truck accident lawyer specializing in dealing with truck accident cases to help us claim compensation.
Read MoreIf you’re shopping for life insurance quotes, go online. Aside from saving money, you can make decisions without the pressure of an agent or salesman.
Take the time to shop around and compare life insurance quotes. Rates can differ quite a bit between companies, and this is one of the biggest ways you could save money. Get at least three or more life insurance quotes.
Always choose a company that you can trust. You want to make sure that company will be around if your family ever needs the benefit — otherwise you’ve paid premiums for nothing. Only purchase from reputable, financially stable companies.
Read MoreOne of the most important things you will ever do is to choose a life insurance policy that will provide for your family after you are gone. It’s a great thing you’ve decided to get a term life insurance policy.
Let’s take a good look at the good sides of term life insurance first. A term life insurance policy offers life coverage at a far lower price. It is a cost-effective way of getting protection for your loved ones.
It serves such purposes as giving your family mortgage protection. In such a case the term chosen for the term life chosen is usually equal to or more than your mortgage term.
A term life insurance with a convertibility feature gives you the best of term life and whole life insurance. You get the benefits of paying far less for substantial coverage when you’re on a tight budget and then switch over to a whole life insurance policy when things get better with your finances.
Providing for your family may be the most important thing you will ever do. Don’t leave your family unprepared.
Read More
Recent Comments