Frequently Asked Questions about Term Life Insurance Quotes

Here are the answers to the most commonly asked questions about term life insurance.

What is a term life insurance quote?

A term life insurance quote is an approximation of the premium you will pay for a term life policy with a particular insurer. When you sign up with us, you can get up to five free quotes on term life from our insurance partners. These quotes can help you determine how much life insurance you can afford on your budget.

Are you a life insurance company?

No, we are not an insurer. We are a free matching service that connects our visitors with life insurance companies that can offer a free term life insurance quote. Our job is to help you find the right term life insurance policy and insurer for your unique needs.

How long does term life insurance last?

You have several options from which to choose when it comes to the term of your policy. Most insurers offer policies with terms of 5, 10, 20, or 30 years. If you die during this time, your beneficiaries will receive the proceeds of your policy. If you are still living when the policy expires, the policy will have no further value, and you must renew it if you don't want your coverage to cease.

If I don't have children do I still need life insurance?

The purpose of life insurance is to provide for your loved ones after you die. You don't have to have children or even be married to need life insurance. If you have anyone who depends on you or anyone for whom you'd like to provide after you die, then you should consider getting a term life insurance quote.

Is term life for me?

Term life is for people who have a short-term need for life insurance. A term life policy is an excellent way to get a lot of life insurance protection on a modest budget. You might also use term life to supplement existing life insurance coverage while you are paying off your mortgage or getting through your child-raising years. One downside to consider before you get a term life insurance quote is that term life can become unaffordable later in life if you choose to renew your coverage. Your premiums will increase with age, which could make the policy prohibitively expensive down the road.