Finding the right life insurance policy can seem daunting because there are so many choices and optional benefits.
If your primary objective is affordability and to have some coverage while raising your family, then basic term life is probably your best option. The rates are the most affordable and you can choose how long you want the rate guarantee.
Our term life quote engine helps us compare 175 top companies to find the lowest rates, and with our expertise, we will help you choose the right company based on your health and other consideration.
But we strongly recommend you get educated on other policy options as the newer modern policies offer much more life benefits and not just death benefits.
At Insurancewala, we believe in a two policy approach. Let’s get you one term life policy with a higher death benefit and low premiums while you are growing your family and second smaller policy to help you with your retirement funding needs and to take care of your long term care planning needs.
If you need the long term care benefits, your policy with utilize your death benefits to pay for your long term care costs. If you don’t need it, it will pay out as a tax free death benefit to your loved ones. Either way, someone will eventually get paid!
Life insurance is one of the most tax efficient ways to grow and transfer your money to the next generation.
As someone who has been in the life insurance industry for almost 30 years and well versed with all of the uses and applications, I will help make things clearer for you and help you choose the right policy for your unique circumstances.