Term Life Insurance Q&A
- Why should I choose BeyondQuotes?
- Which companies do we represent?
- Is BeyondQuotes licensed where I live?
- Is my information confidential?
- Do you only offer rate quotes?
- How do we choose which companies to represent?
- How much Term Life Insurance do I need?
- What are "level" policies?
- What should be the term length?
- Is it worth insuring my spouse on my policy?
- Can you explain the difference between Term and Whole Life plans?
- I suffer form a pre-existing condition. Can I still be insured?
Applying for a Policy
- How do I apply for Term Life Insurance?
- How do I find the best value plan for my needs?
- What is the waiting period between applying and coverage?
Term Life Insurance at 62 - A Sensible Decision
There are still more than thirty million people who are living without an insurance coverage, and nearly one third of these numbers do have sufficient coverage. Looking at these staggering figures one can clearly make out that many people are still unaware about the benefits of term life coverage at 62 and they are even not aware of the importance of or what is it.
Death not only brings a loss of a member of the family, but it also brings loss of an earning source. If one can prevent the financial hardship by just spending two dollars daily then it is not much to ask for. Majority of the people who are above sixty are either without a job or they just might be nearing it. But with or without job they still need insurance coverage.
It is quite understandable that without a job it is not possible to spend a good amount of money on insurance coverage. Term life coverage at 62 comes at quite an affordable price which I guess almost any person can easily manage to carry. Term life gives the best value of money. In this recession period where everyone is trying to trim down their budget there is no better way to have an insurance coverage.
A better option to invest money for the future
Whole life insurance insure you for the entire life but then there is a cost attached to it which most of us might not be able to pay when we are without a job. The most common type of term life insurance at 62 one hears is term coverage for 20 years. The company will cover you for a period of 20 years.
In case anything happens to you during this period the company will pay your nominee the assured amount. At the age of 62 a coverage for twenty years is enough time to keep you at peace. At this age the only thing that concerns somebody is funeral or burial expenses. It is enough to take care of all the financial needs.
Quotes for Term Life Insurance at 62
Now-a-days most of the companies have their websites so it is pretty easy to get insurance quotes from most of them. Insurance quotes should be had from companies that are authorized to operate in your local area. Insurance rates vary considerably with location of the person.
One easy, fast and effective way to get quotes is to fill the form given above and we will take care of the rest. We have rich pool of reputed insurance companies and experienced agents. Just send us some basic information of your and one of our agent will get in touch with you as early as possible.
We have a strong list of thousands of satisfied customers and it speaks volume of the quality of the work that we provide.