Life Insurance Quotes by QuoteSpring

Return of Premium Term Life Insurance is by far the most attractive life insurance innovation in a long time.  Over the course of the past several years, there has been a noticeable shift in the level of interest in permanent, cash value plans towards Term Life Insurance plans.  But consumers responding to the advice of financial gurus and taking a hard look at term for the first time often had a single, common objection. 

Why should you be concerned about how an insurance company is rated?  It's very simple... The foundation of a life insurance policy is its promise to pay your beneficiaries a death benefit if you pass away.  If a company is poorly rated, their promise is diminished by a distinct lack of financial strength.  Much like a bank will not consider loaning a customer money to buy a home if they don't have a job or if there is demonstrated irresponsibility-- it simply isn't prudent to pay premiums to an insurance company who demonstrates a similar strain of shortcomings.

QuoteSpring offers two main types of Permanent Life Insurance:

Universal Life Insurance is designed to be permanent coverage for the insured individual.  It typically combines protection against premature death with a cash value component.  The cash value component earns a money market rate of interest.  Death benefits can be altered during the period of time that the policy is in force within certain limits.

Non-Medical Term Life Insurance is a wonderful recent innovation in term life insurance made possible by easy access to information and the Internet. 

"Instant Term" Life Insurance is available nationwide.  Yes... the plan is "non-medical".  In other words, you don't have to qualify by taking a medical exam and filling out a paper application.  You do still need to qualify though.  The easy on-line application can be completed in a few minutes with no paperwork and no exam.  In other words-- no needles and no urine.  In general, non-medical term life insurance policies are offered in face amounts from $25,000 to $1,000,000 in coverage and in 10, 15, 20, and 30 year terms.

Non Guaranteed Term Life Insurance is just that... the rates will not be guaranteed for the entire term period.  This is not an oft recommended type of life insurance by QuoteSpring... but we have been asked for it on occasion.