Where to find quotes for a life insurance 10K dollars or less policy?

UPDATED: Sep 26, 2011

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UPDATED: Sep 26, 2011Fact Checked

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Asked September 26, 2011

1 Answer

Finding a life insurance policy for $10,000 or less should not be a problem. Two types of life insurance, term life and funeral expense insurance are typically low-value policies that may provide you the coverage amount you are looking for. Term life insurance is a policy that expires after a pre-arranged period of time, and can be used for such things as making sure there is college tuition available for your kids if you pass away. Funeral expense insurance, as the name implies, is specifically designed to make sure that your final expenses are covered if you die, and is a common type of policy used by people who start a life insurance policy later in life.

There are many different websites online that offer free life insurance quotes. Many of these companies will not only give you a quote for the policy you want, they will even compare prices between multiple insurance providers, to help you make sure you are getting the best deal possible. Most insurance quote websites use secure connections, so you don't even have to worry that someone else is snooping into your personal information.

Keep in mind that not all insurance companies are created equal. Before you purchase a long-term insurance policy, research the company you are dealing with. Check their rating with a company such as A.M. Best, and look into their customer satisfaction to better be prepared for what is to follow. Life insurance, even a term policy, is not something to be entered into without some planning and research. As with any other kind of contract, you will be able to get a better deal if you make yourself familiar with the product before you invest your money.

Answered September 26, 2011 by Anonymous

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