YourLifeSolution.com Publishes Pay Later Not Now Life Insurance Strategy
Chicago, IL (PRWEB) November 08, 2014 -- YourLifeSolution.com, a service which allows Internet users to instantly view their own life insurance rates online instantly, is today illustrating a strategy which allows consumers to pay a fraction of the cost for their life insurance in the short term while guaranteeing long term access to their death benefit. According to the service, this can help consumers not take the gamble of being uninsured in their younger years and not risk uninsurability in their older years. “A lot of people tire kick and avoid covering their liabilities with life insurance because they feel they can’t afford the policy they find the most advantageous in the long run. The strategy I’ve outlined allows for a consumer to pay about one-tenth the premium they would for a permanent policy by buying a ten year or twenty year term life insurance policy, then converting it to a smaller life insurance policy later for a smaller death benefit since their liabilities will have likely decreased by then”, said Eric Smith, the founder and independent life insurance agent of YourLifeSolution.com.
YourLifeSolution.com’s Method for Paying Less for Life Insurance in the Short Term with Long Term Guarantees Illustrated:
Healthy 30 year-old man insured for $1,000,000 on a 20 year term cost: $37 per month
Prospective cost to convert the policy into a $500,000 permanent policy 20 years later: $394 per month
(these numbers can be confirmed and viewed on YourLifeSolution.com)
YourLifeSolution.com encourages all adult residents of Illinois, Florida, and the rest of America to view their own life insurance quotes on YourLifeSolution.com. Information can also be obtained directly from Eric Smith at 888.374.2764.
Eric Smith, YourLifeSolution.com, http://YourLifeSolution.com, 888.374.2764, [email protected]
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