At any time of year, we’re here to help you find the right life insurance to meet your needs, but there are some unique benefits to considering a policy during the holiday season. The holidays are a time for giving, and what better way to show your love and care than by securing the financial future of your family or loved ones with life insurance?
We make it easy to compare coverage plans from some of the nation’s highly rated insurance carriers, ensuring you find the right fit for your budget and needs. Plus, you may be able to qualify for same-day coverage for less than $1 per day—with no medical exam required. This means you can provide peace of mind for your family quickly and affordably. While life insurance is always a smart decision, the holidays provide the perfect opportunity to get started with the gift of security.
Life Insurance Protects Your Family From the Unexpected
With family top of mind during the holiday season, it's the perfect time to think about securing life insurance to protect your loved ones. Life insurance provides financial protection in the event of your death, helping ensure that your family won’t be burdened with unexpected expenses like funeral costs, mortgage payments, or outstanding bills. One of the most popular and affordable options is term life insurance.
This type of policy offers coverage for a specific period, typically ranging from 10 to 30 years, depending on your needs. With term life insurance, you can choose the coverage length that aligns with your life stage—whether you need protection while your children are young or while you're paying off a mortgage.
Term life insurance provides a death benefit at a lower cost than other types of life insurance, like whole life insurance or universal life insurance, making it ideal for families on a budget. Plus, you can adjust your policy to match your financial goals, ensuring you’re covered for the right amount of time. As you consider your family’s future, choosing a term life insurance policy can give you peace of mind knowing you’ve planned for their financial security.
The Earlier You Buy Life Insurance, the More Affordable It Is
Life insurance is typically more affordable when you purchase it now rather than waiting. Your age and health are key factors in determining your premium, and those who are younger and in good health generally qualify for lower rates. For example, we’ve helped customers in their 30s secure $500,000 in coverage for as little as $14 per month.
For healthy, qualifying individuals, our no medical exam life insurance is an excellent option. This coverage offers up to $5 million in protection, with rates often less than $1 a day. Plus, it’s designed to provide same-day coverage—meaning you can be covered by the time you hang up the phone—without needing a medical exam, which is typically required for traditional life insurance policies.
At SelectQuote, we work with some of the nation’s most trusted insurance carriers to find the right policy for your needs and budget. Whether you’re healthy or managing a health condition like high blood pressure, diabetes, or even heart disease, our licensed insurance agents are here to help you navigate your options. We’ll work with you to determine the right amount of coverage and find affordable life insurance that fits your financial situation, ensuring you get the protection you need at a price you can afford.
Life Insurance Offers Peace of Mind
Life insurance makes an exceptional holiday gift, offering peace of mind and financial security for both you and your loved ones. Even if you're unsure where to begin, our experienced licensed insurance agents are here to guide you through the process. They’ll help you determine the best type of coverage for your needs, match you with a trusted carrier, and find a policy that fits your budget.
Here are a few types of life insurance to consider:
Term Life Insurance: This is one of the most affordable options, offering coverage for a specific period—typically 10, 20, or 30 years. Term life insurance is ideal for those seeking temporary protection, such as while raising children or paying off a mortgage. If you pass away during the term, your beneficiaries receive the full death benefit. It’s an easy and cost-effective way to provide financial protection for your loved ones.
Whole Life Insurance: Whole life provides lifelong coverage, as long as premiums are paid. This is a type of permanent life insurance that includes a savings component (known as cash value) that grows over time, which you can borrow against or use for future needs. While premiums are higher than term life, it offers permanent protection and can be a good option for long-term financial planning.
Final Expense Insurance: Designed specifically to cover end-of-life expenses, such as funeral and burial costs, this type of insurance offers smaller death benefits (typically $5,000 to $25,000). Final expense insurance is an excellent choice for those looking to ensure their loved ones aren’t burdened by these costs after they’re gone.
No matter which option you choose, our team is here to help you find the right life insurance policy to secure your family’s future.
Other Ways to Gift Life Insurance
Life insurance can be a meaningful and thoughtful gift, whether given during the holiday season or for any other occasion. It’s a way to provide lasting financial security for your loved ones, offering peace of mind and protection that goes beyond the typical gift. One of the most valuable aspects of life insurance is the death benefit, which is the amount your beneficiaries receive when you pass away. Naming a beneficiary is a crucial step in securing your life insurance, as it ensures the death benefit is directed to the intended recipient.
Life insurance payouts are also generally tax-free, which can be a significant financial cushion for your family, helping them cover expenses like funeral costs, ongoing bills (mortgage, car payments, etc.), and any outstanding debts without added stress. In fact, you can buy a life insurance policy for someone else—such as a child, grandchild, or loved one—as long as they’re aware of the policy and agree to it. Before doing so, it’s important to understand the roles within a life insurance contract:
The policy owner controls the policy and makes key decisions.
The insured is the person covered by the policy.
The beneficiary is the recipient of the death benefit.
It’s often easier and more affordable to purchase life insurance for a child than an adult since most insurers don’t require a medical exam for children, and policies are typically issued quickly unless there are major health concerns. This makes it an ideal way to ensure a loved one is financially protected from an early age.
Let SelectQuote Help you Give the Gift of Life Insurance This Holiday Season
If you're ready to protect your loved ones with life insurance, we're here to help. With 40 years of experience, we’ve assisted more than 2 million families in finding the right coverage for their needs. Our process is simple and hassle-free—we do the comparison shopping for you.
Our licensed insurance agents will take the time to understand your unique financial situation, along with the assets and people you want to protect. Based on this information, they’ll help you compare life insurance quotes from some of the nation’s most trusted and highly rated carriers to ensure you get the right policy for your needs and budget.
Once you’ve found the right life insurance policy, we’ll guide you through the next steps of applying and securing your coverage. And in some cases, policies are available for less than $1 a day and don’t require a medical exam. Whether you're looking for affordable, hassle-free protection or comprehensive coverage, we make it easy to get the life insurance you need to provide peace of mind for you and your family.
