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The 10 Best Life Insurance Policies With Living Benefits for 2023

The primary reason to purchase a life insurance policy is the financial security that it offers your family after you are gone. However, some policies allow you to use the benefits of the policy even while you are alive. These policy options are referred to as living benefits. There are various companies providing life insurance... Continue Reading

Modern Woodmen Insurance Review & Ratings (2023)

Modern Woodmen fraternal financial services and life insurance serve over 750,000 people in the United States. This membership-based nonprofit offers a variety of benefits and programs for each of its members. Modern Woodmen insurance and investments fall under seven major financial planning categories: protection, savings, retirement planning, retirement distribution, estate planning, business planning, and employee... Continue Reading

What is an accelerated death benefit rider?

Many life insurance companies offer an assortment of additional policy features like an accelerated death benefit rider. Investing in a life insurance rider could make your policy more versatile in times of need. There are many life insurance riders available to choose from. This article will serve to highlight when you might want to invest... Continue Reading

How does term life insurance work?

Before you rush to buy a term life insurance policy, you’ll want to know how term life insurance works. There are subtle details that could help save you money on life insurance in the long run. Who doesn’t like to save money? This article will highlight how term life insurance works, how you can get... Continue Reading

Best Life Insurance for Young Adults (2023)

Generally, life insurance for young people is more affordable than life insurance for older adults. Investing early in life insurance could be an effective means of establishing financial stability for your family. It might be intimidating to commit to a life insurance policy since most require a long-term commitment. This article will explain how young... Continue Reading

What is a beneficiary in life insurance?

If you are considering purchasing a life insurance policy, you may be wondering what a beneficiary is in terms of life insurance. In the simplest of terms, a beneficiary is someone who will receive the money from your life insurance policy after you die. Regardless of whether you have a term or whole life insurance policy,... Continue Reading

Best Long-Term Care Life Insurance in Washington State (2023)

Long-term care insurance can help to cover expenses associated with a chronic illness, disability, or other medical condition. In some cases, long-term care insurance can be compared with life insurance or similar benefits. As you get older, you may want to consider purchasing long-term care insurance to reduce the risk of using your retirement savings... Continue Reading

Modified Life Insurance: Everything you Want to Know

Life insurance plans are one of the best ways to protect your family after your death. A death benefit can pay for medical expenses, funeral costs, and lost wages so your family can focus on grieving rather than stress. With most life insurance plans, your payment stays the same for the entire policy term. Although... Continue Reading

Modified Life Insurance: Everything You Want to Know

While you’re looking for affordable life insurance, you may stumble upon modified life insurance. However, modified life insurance policies aren’t prevalent, and you may be wondering if it’s a good fit for you. Modified life insurance has cheaper rates for the first few years of the policy, and then premiums increase for the rest of... Continue Reading

Reserve National Insurance Review & Ratings (2023)

Shopping for life insurance can be a time-consuming process that requires a lot of research. Many people settle for well-known providers when companies like Reserve National Insurance Company can often compete with the best. Not everyone knows what to look for in an insurance company. We’ll help by summarizing the Reserve National life insurance ratings,... Continue Reading
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The 10 Best Life Insurance Policies With Living Benefits for 2023

The Rundown Life insurance policies with living benefits offer the use of policy benefits while you are alive Several life insurance companies offer living benefits in their life insurance policies which are either already a part of the policy or can be selected as add-ons Many of these insurance companies offer online quotes making it... Continue Reading

Modern Woodmen Insurance Review & Ratings (2023)

The Rundown Modern Woodmen of America has over 750,000 members in the United States Modern Woodmen reviews are positive but are more difficult to find because the company is a fraternal organization It is hard to judge whether Modern Woodmen is worth its value because you have to contact them to get rates Modern Woodmen... Continue Reading

What is an accelerated death benefit rider?

The Rundown An accelerated death benefit rider is an added life insurance policy feature that allows early access to a death benefit in certain situations The most common accelerated death benefit riders are provided for those who become terminally ill or require long-term medical care Healthy adults can usually get an accelerated death benefit rider... Continue Reading

How does term life insurance work?

The Rundown Term life insurance is usually offered with 10-, 20-, or 30-year terms in which a policyholder pays a monthly fee for a predetermined coverage amount Term life insurance is usually more affordable than whole life insurance but doesn’t offer cash value Term life insurance rates can vary by age, gender, coverage amount, health... Continue Reading

Best Life Insurance for Young Adults (2023)

The Rundown Young adults can secure life insurance rates for cheap Choosing the best life insurance for young adults depends on their situation, including marital status and budget Term life insurance policies offer affordable coverage for young adults who can later convert to a permanent life insurance policy to fit budget and coverage needs Generally,... Continue Reading

What is a beneficiary in life insurance?

The Rundown A beneficiary is someone who will receive the money from your life insurance policy after you die You can name both a primary and contingent beneficiary to your life insurance policy Term life insurance and permanent life insurance policies both offer the option to name a life insurance beneficiary If you are considering... Continue Reading

Best Long-Term Care Life Insurance in Washington State (2023)

The Rundown A few of the best long-term care insurance companies in Washington State include OneAmerica, National Guardian Life, Lincoln Financial, and Nationwide Your long-term care insurance rates will depend mostly on your age and health status when you purchase the policy, as well as your policy coverage details Citizens of Washington State can benefit... Continue Reading

Modified Life Insurance: Everything you Want to Know

The Rundown Modified life insurance plans start with low monthly payments that increase after a set period, usually between 5 and 10 years Most modified plans are whole life, though you can buy modified term life plans Modified life plans are being sold less often due to the rising popularity of convertible term life plans... Continue Reading

Modified Life Insurance: Everything You Want to Know

The Rundown Modified life insurance has premiums that have an alternative structure that gives the policyholders lower rates for the first few years of the policy before the premiums increase for the remainder of the policy While modified life insurance may be more affordable than traditional life insurance in the beginning, eventually, the rates will... Continue Reading

Reserve National Insurance Review & Ratings (2023)

The Rundown Reserve National Insurance Company is a subsidiary of Kemper Corporation A.M. Best rated Reserve National with an “A” rating for financial strength It appears that Reserve National’s customer service and user experience could use an overhaul based on the NAIC Complaint Index and the company website Shopping for life insurance can be a... Continue Reading
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Whole Life Insurance Quote

There are several types of life insurance policies available to those looking to look after their family in the event of their death. The main benefit of a whole life policy is that the payout is guaranteed. Whole life insurance quotes are usually higher than those for a term policy, but comes with several benefits such as the fact that you will be guaranteed a payment, it relieves any worry of not being insurable as you age, you can borrow against the policy and if you cancel your whole life policy, you are entitled to be paid the cash value of that policy and it can be useful in estate planning.

Whole life insurance coverage can be utilized as an investment vehicle since future value is guaranteed and a portion of your premiums get placed into an tax-deferred cash value account. Before purchasing a policy, you should consult with a financial advisor to better understand the costs and benefits of whole life insurance.

To learn more about whole life policies and to receive a free whole life insurance quote, complete a quote request form and you’ll be matched with knowledgeable life insurance agents that can help answer any questions you may have.

Term Life Insurance Quotes

Term life insurance, as opposed to whole life, insures you for a finite period of time. This insurance, sometimes referred to as “temporary” insurance, is typically sold to portect you for 10, 15, 20 or 30 years with 20 years being the most common. Generally, term life insurance provides the best bang for the buck protection compared to other types of policies and makes the most sense if you’re looking to ensure your family is protected in the event of your death. Unlike whole life insurance, a term policy does not accumulate any sort of cash value and any premiums paid are strictly used for the cost related to the coverage.

Determining the amount of life insurance you should purchase is an inexact science. However, using a life insurance calculator or simply multiplying your yearly income are two ways of getting a quick idea. The best method is to speak with an experienced life insurance professional who can help you determine how much life insurance is right for you to meet any financial obligations you or your loved ones may have if you die unexpectedly.

Whether you’re looking for whole life insurance quotes or term life insurance quotes, be sure to research all of your options. Compare life insurance quotes from several agents and ensure that your select a company that gives you low rates but also has the financial stability to pay for the policy when it comes time to collect. Getting free life insurance quotes from US Insurance Agents is the first step in protecting your loved ones. Complete a quote request and get in touch with an agent today.