Life Insurance

Tips for Getting the Best Life Insurance Quote for You

When scoping out life insurance options online, you’ll likely find no shortage of options. It’s important to understand the process so you come away with the best, most accurate, quote for your situation. Selecting a Credible Life Insurance Resource Finding an agent that can shop multiple life insurance companies remains key to the buying process. This agent can find the best prices and policies to fit your needs. As with many purchases, this process often begins online. Look for a provider that puts you in contact with an agent for an interactive conversation before providing a quote. While it may…

Top 12 Questions (and Answers) About Life Insurance

Even the most calm and collected person can become confused by the prospect of getting life insurance. So many of us know we need life insurance, but we also feel we don’t understand it enough to make the best decision. Good thing at SelectQuote we know when it comes to investing your money in ANY kind of purchase, the only stupid question, as the saying sort of goes, is the one you didn’t ask. There’s a funny thing about so-called dumb questions—a lot of people have them. And with that, here you can find answers to some of the questions…

What is Dependent Life Insurance

No one likes to think about the death of a loved one. Especially a spouse or child. But just as life insurance for yourself protects your family, dependent life insurance alleviates the financial burden of a dependent’s untimely death. Dependent life insurance is often offered as an add-on to your life insurance through an employee benefits plan. You can typically purchase varying amounts of coverage depending on your needs and budget. Who Qualifies as a Dependent for Life Insurance? Dependent life insurance plans typically cover your spouse and dependent children. Spouse. Depending on your plan, a spouse is usually defined…

The Differences Between Term and Whole Life Insurance

Maybe you’ve heard the adage, “life insurance isn’t for you, it’s for your loved ones.” In the event something does happen to you, you want to take care of your family’s needs. Simple enough. And smart. But deciding how best to provide for your family will likely lead you to the term life insurance or whole life insurance fork in the road. At first glance, the paths will look quite different: Term life insurance is the more straight-forward of the two solutions and less expensive. Whole life insurance (the most common form of cash value or permanent life insurance), on…

How Your Life Insurance Quote is Determined

Life insurance plays an important role in protecting your loved ones from financial burden. Single or married, in your 20s and 30s or older, with kids or without, most people benefit from some level of life insurance. However, the perceived cost often holds people back from buying a life insurance policy. It’s assumed life insurance is expensive. A misconception that’s untrue for many people. How are Life Insurance Quotes Determined? The process of getting a life insurance quote is simple. You’ll start by filling out a questionnaire. This helps your SelectQuote agent provide a side-by-side comparison of prices from highly…

High Blood Pressure No Barrier to Life Insurance

If you’re among the 75 million Americans – that’s one in every three adults – with high blood pressure, there’s a lot you can do to control it and reduce your risks of heart disease and stroke. Living well with high blood pressure (hypertension) also means you can qualify for life insurance even if you’ve never applied, are middle age or older, or have been turned down previously. Underwriters – the people who review your life insurance application and assess if you’re a good candidate for insurance coverage – look at your overall health and your lifestyle, along with your…

Retaining Life Insurance for Peace of Mind

As a driver and homeowner, you are required to carry home and auto insurance. If all goes well, you’ll never experience a car accident, home invasion or natural disaster that makes that insurance worthwhile. The peace of mind it brings is worth it. And although life insurance isn’t mandatory, it provides an immeasurable benefit to loved ones when we pass away. When we think about family, the real value of life insurance becomes evident. Family Values Every single one of us will face the end of life. When that time comes, what will your life insurance be worth? Not in dollar value,…

An Easy Way to Budget for Life Insurance

We all know how important it is to have life insurance. And we know it’s usually better to get that life insurance when you’re young and healthy, rather than waiting. However, “young and healthy” can often translate to “short on funds.” At SelectQuote, we’re dedicated to helping you get the best deals on life insurance, but when you’re already budgeted to the max, even the best deal can feel like too much money you just don’t have. If you’re looking for places to trim your budget so you can invest in life insurance, one of the easiest and most effective…

Diabetes Dilemma: How to Get the Best Life Insurance

A diabetes diagnosis does not mean it’s impossible to get approved for a life insurance policy. Top insurance companies understand which health factors matter when you have a chronic condition such as diabetes. Here are answers to common questions about life insurance coverage for diabetics: How do Insurance Companies Decide Eligibility for Life Insurance for Diabetics? Your overall current health, your age and your gender all considered in the approval process. You must prove your diabetes has been under control for at least 6 to 12 months, as measured through blood tests. Insurers will also look at your overall health, including…

Think Singles Don’t Need Life Insurance? Think Again

A lot of people assume life insurance is something you don’t need to think about until you’re married or have kids. However, this outdated view doesn’t reflect the responsibilities and relationships experienced by many of today’s single adults. Consider Friends – the iconic sitcom about a group of single twenty-somethings. Each character has good reasons to have life insurance, which we saw as their stories unfolded over 10 seasons. Whether you’re a Monica or a Phoebe, a Chandler or Joey, a Rachel or a Ross, if you’re single, you, too, probably have good reasons to have life insurance. So Many…

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