What Term Life Insurance Should I Get?
0 POINTSContact Meview profileDavid RacichPROFountain Hills, ArizonaProduct suitability for each proposed insured and the policy owner is very important, but bottom line the price rules the day. There are provisional nuisances that are important life convertibility to permanent insurance as one example. Gender, age, smoking status and health condition are personal factors that enter into the purchase decision. Some companies are more benevolent with impairments that others. Claims paying ability is very important, so a high ranked company is desirable.Answered on June 4, 2013+01+1 this answer
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63333 POINTSview profilePeggy MaceMost of the U.S.If you are asking what length of term life insurance to get, that depends on the need for which you are purchasing the policy. Generally, it is a good idea to lock in your rate for as long a term as possible, because no one knows what their health will be the next time they apply. Also, age makes a big difference in premiums, especially in men and those who need to add on table ratings due to a health condition. However, if you are buying life insurance to pay off a mortgage for which only 7 years are left, getting a short term policy makes more sense.Answered on September 7, 2013flag this answer
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