Life Insurance 101

BE PREPARED!

A quick phone call is all it takes to get started. 

THREE ITEMS DETERMINE YOUR RATE

In general life insurance companies rate individuals in the following categories:

1. Smoker
2. Standard Non-Smoker - Normal Weight and Health Status
3. Preferred - Low Weight and Good Overall Health
4. Preferred Plus  -Excellent Health

            Unfortunately, not everyone may qualify for an individual policy            

$100,000 is typically the smallest amount of coverage.

Double the coverage, doesn't mean double the price!

For Example:

  30 year only in excellent health 20 year term policy

1. $100,000 - $9 a month
2. $300,000 - $14 a month

Life insurance polices typically are written in 10,15,20,25,30 years or permanent. Rates are guaranteed for the length of the term.

   $300,000 20 year policy above - $14 a month

   $300,000 30 year policy           - $22 a month