(PRWEB) August 16, 2013
Term life insurance can be a mystery to many people, but a new website helps them learn about term life insurance and the top insurers underwriting coverage in the United States.
Term-Life-Insurance.com was created by its owners to help people make sound, informed decisions on the term life plans they need to protect their families and assets while working to pay down financial obligations, such as paying off a home mortgage, raising a family and putting children through college. The site provides a free and 100 percent secure online quote calculator that enables people to input only their necessary information a single time. The quote tool submits that information to several insurers who will respond soon after with their best rates on the term life insurance coverage families need.
The site’s owners do not sell or underwrite term life insurance or any other types of insurance. And they have no affiliation with any insurance companies of any kind. Instead, they created the site to empower consumers to use the Internet to learn more about term life insurance and the various types of coverage available as well as learn more about the insurers making offers.
It takes just a couple minutes to provide only the information needed to obtain up to dozens of free, no-obligation term life insurance quotes from some of the top insurers in the United States. Only those life insurers who are licensed and regulated by respective state insurance officials will respond with their best rate quotes on term life insurance plans. Then consumers can review their offerings and research companies more to find out which ones truly deserve their business.
Many people wonder why they should get term life insurance, and the simple answer is that it is the best deal on life insurance available anywhere. A $250,000 term life policy, for example, can be had for as little as $15 per month from many of the top life insurance companies in the United States. And many insurance experts consider term life insurance to be the purest form of life insurance due to the fact it provides a high level of coverage for a set number of years and then simply expires if the person whose life is insured outlives the term for which coverage is provided.
The reason why term life is such a good deal is due to the fact it does not grow cash value over time and many studies show as few as 1 percent of term life policies wind up paying a death benefit because the vast majority of people outlive the terms for which protection has been purchased. And that’s good news for insurers as well as those who are insured by term life plans.