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20-Year Term Life Insurance for a 65-Year Old

May 14, 2013 Life Insurance 101, Life Insurance Products, Life Insurance Quote Online, Life Insurance Quotes, Life Insurance Rates, Senior Life Insurance, final expense

If you are a 65-Years Old MALE, non-smoking, and because of your good health condition are able to qualify for Health Category PREFERRED PLUS (the best) rates, you may be eligible for:

$786.00 per year with Genworth Life and Annuity Insurance Co
$50,000 Colony Term 20    Preferred Best No Nicotine Use
Monthly: $68.78

If you are a 65-Years Old FEMALE, non-smoking, and because of your good health condition are able to qualify for Health Category PREFERRED PLUS (the best) rates, you may be eligible for:

$597.00 per year with Genworth Life and Annuity Insurance Co
$50,000 Colony Term 20    Preferred Best No Nicotine Use
Monthly: $52.24

GENWORTH’s Colony Term UL-20 is a flexible-premium adjustable life insurance policy that lets you plan your premium payments to be similar to term insurance premiums. It contains a death benefit guarantee that you can choose to maintain by paying premiums periodically and that are comparable to term life insurance premiums. You can extend coverage beyond the initial period by simply paying higher premiums. For copy of a customer brochure containing a detailed description of this life insurance product, please click on CONTACT US and make a request providing your e-mail address so that we may e-mail you said brochure.

If you would like to file an application at this time  and find out if you qualify for the above rates, you may also click on CONTACT US and let us know.

Or, if you would like to explore other life insurance options, or to request a free evaluation, please, click on REQUEST FREE CONSULTATION, provide the information requested and send it to us by clicking SUBMIT at the bottom of the form.

We look forward to the opportunity of being your Internet-based life insurance agent!

Life Insurance For Seniors

Apr 22, 2013 Life Insurance 101, Life Insurance Products, Life Insurance Rates, No Exam Life Insurance, Senior Life Insurance, Uncategorized, final expense

Final expense insurance can help minimize the emotional and financial burden a loss could have on a family. A funeral can cost $10,000 or more. Social Security benefits pay only $255 to qualified dependents. The majority of U. S. health care costs rise in the final phase of life, when an eventually fatal chronic illness causes intense medical costs. Final Expense life insurance, also referred to as Burial Insurance,  provides peace of mind and  funds when they are needed the most. Since the policy is a whole life policy, premium costs do not increase and, as long as premiums are paid as due and on time, do not expire either. Typically, medical exams are not required. The applicant needs only to answer about a dozen health questions to find out if he/she qualifies. Depending on qualification standards, the benefits may be, a) LEVEL, with full benefits paid immediately; or b) Graded, with benefits paid over a 2 or 3 year period.  Premiums are calculated depending on current underwriting standards which take in consideration health, age, male/female, smoking habits, etc. For instance, at present a fairly healthy 80 years old female, non-smoker and able to answer NO to all the questions in the life insurance application’s health questionnaire, may be able to qualify for up to $25,000 in life insurance with a monthly premium of $227.07; or for a $10,000 policy for $91.65. If you are a senior over 60, or 70, or even 80, and would like to inquire and find out if you qualify for final expense life insurance, please, contact us at:

  • Toll Free Number (888) 950-8376, or
  • Write to us at info@insuranceglobe.net ,  and send us a brief message, or
  • you may also click on Request Free Consultation, and enter your information as indicated therein

One of our licensed and experienced agent will work with you to find the right life insurance for you. Life insurance is not a windfall. You are not going to make your family rich. It is bad enough losing a member of the family, but if they have to struggle financially, it is a double whammy!

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Life Insurance Quote Online

Mar 28, 2013 Life Insurance 101, Life Insurance Products, Life Insurance Quote Online, Life Insurance Quotes, Life Insurance Rates, final expense

If you are looking for a life insurance quote online, look no more. Visit our website at www.insuranceglobe.net and there you can obtain instant quotes for Term Life Insurance, Universal Life Insurance and Return of Premium Life Insurance. Once you have made a decision as to the face amount of the policy, the type, the term and the premium you can afford, click on Request an Application to start the process of filing an application with the insurance company you have selected. Or you may click on Request Free Evaluation, provide your specific information, click on Send, and one of our licensed agents will contact you with recommendations as to the best life insurance options for you.

Besides Date of Birth, Face Amount, Term, whether or not you use, or have used, Tobacco Products, etc., which is all straight forward data, you also need to make a choice about your Health Category. Some folks tend to overestimate the quality of their health. Others are not completely truthful about it hoping the insurance company will not catch on the existing heart condition, or similar health issue. The fact is that insurance companies, during the underwriting process, carefully review medical records and related information as a result of which they can establish the correct Health Category for the applicant, a very important element in determining the cost of life insurance. So it is better to be accurate and thorough which will save time to all involved.

In any event, as you may be aware, the Health Categories are, from top (least expensive premium) to bottom (most costly premium): Preferred Best, Preferred, Standard Plus and Standard.

So, while it may sound complicated to obtain a simple life insurance quote, it is not. And to make it even easier for you, one of our licensed agents can help you through the process. When you visit our website, www.insuranceglobe.net , check us by clicking About Us in the navigation menu.

We hope this article has been informative and look forward to working with you.

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Final Expense Life Insurance Quotes

Aug 29, 2012 Life Insurance 101, Life Insurance Products, Life Insurance Quotes, Life Insurance Rates, Senior Life Insurance, Whole Life Insurance, final expense

Final Expense Life Insurance Quotes

Call us for a Final Expense Life Insurance Quote 1-888-950-8376.

Final expense insurance or burial insurance is a life insurance policy that covers you for life. It does not require a medical exam.  A burial insurance or final expense insurance policy covers the expenses of a funeral.

Read the rest of this entry »

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Why Cash Value Life Insurance

Jun 26, 2012 Life Insurance 101, Types of Life Insurance, Wealth Transfer

Cash value life insurance can:

  • Turn a specified number of premium payments into a large death benefit to protect your loved ones in the event that you die prematurely.
  • Can be a smart way to accumulate wealth through its cash value.  You could use this cash value for college, unexpected expenses or as an additional source of retirement income without tax implications.
  • Move wealth that has been created over a lifetime with an income tax-free death benefit.  If properly owned and structured, a life insurance death benefit can be received free of estate taxes.

The benefits of a cash value life insurance policy include:

  • Income tax free death benefit paid to beneficiary
  • Potential for accumulation of wealth through tax-deferred growth of policy cash values
  • No funding limits based on income
  • Potential for income tax-free withdrawals and policy loans
  • No 10% penalty tax on cash value distributions prior to age 59 1/2

Taxes can potentially have a major impact on the amount of your savings you ultimately get to use.  Taxes can also impact the amount of any remaining assets that are received by your beneficiaries.  In the last thirty years, U.S. income taxes have been relatively low.  The top Marginal Tax Rate for the highest income earners is currently 35%, but the average top rate over the last hundred years has been almost 60%.

Even though the future of income taxes is not known, it would be fair to assume they will continue to fluctuate over time, having high and low periods.  With cash value life insurance, you can protect your family and as an additional benefit, you can help reduce exposure to adverse tax impact by shifting your savings to an asset with tax advantages.  This move has the potential to improve your financial goals.

Cash value life insurance could be the right decision to help you achieve many of your financial goals.  Take a second look at cash value life insurance as an asset for your portfolio.  It’s a smart way to accumulate, protect and transfer wealth. 

For more information or for a life insurance quote, you can reach us at 1-888-950-TERM.

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Buy Term Life Insurance

Jan 23, 2012 Life Insurance 101, Life Insurance Quotes, Life Insurance Rates

Buy Term Life Insurance

Buying life insurance is an important decision.  It can protect your family from financial devastation. Without life insurance, your family could be thrust into financial catastrophe if you were to die unexpectedly.  The cost of a funeral can be up in the tens of thousands.  Without life insurance, your loved ones might be in a lot of debt after you pass on.  Buy life insurance now.  The adult breadwinners of your family should have life insurance.

Buy TERM Life Insurance Online

Use our website to get free term life insurance rates online.  How will you know which company has the best rates if you don’t get term life insurance rates online from multiple companies.  Just click on the upper right hand corner where it says Get an Instant Life Insurance Quote Quick and Easily and fill out the term life insurance quote form.  Once you complete the term life insurance quote form, your term life insurance rates will be displayed immediately online.  Then you can pick which company you want to apply for by clicking the link that says request an application.

If you would like assistance from a licensed life insurance agent, please call us at 1-888-950-TERM.

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Term Life Insurance Rates

Jan 8, 2012 Life Insurance 101, Life Insurance Quotes, Life Insurance Rates

Welcome to InsuranceGlobe.net, your source for low cost term life insurance rates.  It’s easy to get term life insurance rates from multiple term life insurance companies with InsuranceGlobe.net.  To get your term life insurance rates online, please follow these steps:

Click here to be directed to our term life insurance rates quote form

Once there you will need to fill in the following fields:

Birthdate: / /

State:

Sex: Male Female

Used Tobacco in Past 12 Mo.: Yes No

Health Rating:

Coverage Amount:

Level Term Period:

First Name:

Last Name:

Email:

Phone:

Your name, phone number and email address are optional.  Only enter this information if you would like us to contact you.  After you enter the information hit the instant quote button and you will immediately get the top 10 lowest cost term life insurance rates from multiple highly rate term life insurance companies.

If you would like to speak with a licensed life insurance agent, you can reach us at 1-888-950-TERM.

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Permanent Cash Value Life Insurance

Dec 12, 2011 Life Insurance 101, Life Insurance Products, Types of Life Insurance, Whole Life Insurance

Most people buy life insurance for death benefit protection.  However, permanent cash value life insurance can provide value and flexibility for changes in your needs that may arise in years to come. 

Permanent cash value life insurance will provide death benefit protection during your working years, but it can also provide supplemental tax free retirement income once you retire.  In fact, if you decide to take this income before age 59 1/2 it will still be tax free if taken properly.  In addition, there are no contribution limits in a permanent cash value life insurance policy as there are in other retirement vehicles such as a 401(k) or Roth for example.

Another benefit of permanent cash value life insurance is that in many states the cash value in your life insurance policy is protected from creditors.

Term life insurance is great if you need cheap life insurance to protect you for a specific period of time such as 10, 15, 20, 25 or 30 years, but if you want a life insurance policy that will cover you no matter how long you live, you should consider permanent cash value life insurance as an option.  Permanent cash value life insurance can replace lost income to your family.  It can cover the cost of care provided by a non-earning spouse.  It can repay your debt obligations.  It can also be used to plan for business succession or estate plan in the event of your premature death.

Some permanent cash value life insurance policies have optional long-term care insurance riders that can be added, so that you can use your life insurance to help cover the cost of long-term care.

We can design your permanent life insurance based upon your individual needs.  If you are interested in getting a customized proposal for permanent cash value life insurance, please call us at 1-888-950-TERM.

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Lifetime Guarantee Universal Life Insurance Quotes for a Male Age 30

Aug 16, 2011 Life Insurance 101, Life Insurance Products, Life Insurance Quotes, Life Insurance Rates, Types of Life Insurance

Lifetime Guarantee Universal Life Insurance Quotes 

Are you looking for lifetime guarantees in your life insurance policy?  Lifetime Guarantee Universal Life Insurance is a type of permanent life insurance policy with premiums that are guaranteed to never increase for the rest of your life.  You will have peace of mind knowing that your premiums will not go up when you least expect it and that your policy will be there to provide a tax-free death benefit to your loved ones when they need it the most.  The death benefit from a lifetime guarantee universal life insurance policy will be there to make sure your plans for your family are realized even after you are gone.                                

Some of the common reasons for buying life insurance 

  • Provide money so that your family can remain in their home and continue the lifestyle they are used to.
  • Ensure your spouse can keep his or her plans for retirement.
  • Continue to fund college for your children.
  • Pay any remaining bills or final expenses. 

You decide the duration of your death benefit guarantee 

If you feel you don’t need a lifetime guarantee on your universal life insurance policy, we can customize your policy to fit your needs.  For example, if you feel that you only need guarantee universal life insurance coverage to age 90, we can design a policy that will be guaranteed to age 90 and your premiums will be lower than if you bought a policy with a lifetime guarantee universal life insurance policy.  If you are not sure how long of a guarantee you want, we can give you guarantee universal life insurance quotes for different guarantee periods.  We can give you guarantee universal life insurance quotes for coverage to age 85, 90, 95, 100, 105, etc.  Then you can look at how much you would save by reducing the guarantee period and decide which option is best for you. 

If you would like to speak to a licensed agent to discuss your life insurance needs or request life insurance quote, please call us at 1-888-950-TERM. 

Lifetime Guarantee Universal Life Insurance Quotes for a Male Age 30 

1.   $3,348.00 per year with Midland National Life Insurance Company     
       Essential Guaranteed UL 2 ($250K)    Super Preferred Non-Tobacco
          
2.   $3,348.00 per year with North American Co for Life and Health     
       Custom Guarantee Gen 6 ($250K)    Super Preferred Non-Tobacco
          
3.   $3,363.52 per year with The Penn Mutual Life Insurance Company     
       Guaranteed Protection UL – gtd to 121    Preferred Plus Non-Tobacco
          
4.   $3,374.00 per year with Aviva Life and Annuity Company     
       Advantage Builder Series IV w/NLG    Premier Non-Tobacco
          
5.   $3,382.90 per year with Pruco Life Insurance Company     
       UL Protector with NLG to 121 (1000K+)    Preferred Plus Non-Tobacco
          
6.   $3,461.00 per year with Aviva Life and Annuity Company     
       Guarantee UL Solution Series III    Premier Non-Tobacco
          
7.   $3,495.00 per year with American General Life Insurance Company     
       Secure Lifetime GUL – to age 121    Preferred Plus Non-Tobacco
          
8.   $3,500.99 per year with Transamerica Life Insurance Company     
       TransACE 2010 – No Lapse UL to 121    Select Non-Smoker
          
9.   $3,501.00 per year with Banner Life Insurance Company     
       Life Choice UL – pay to age 121    Preferred Plus Non-Smoker
          
10.   $3,513.00 per year with Aviva Life and Annuity Company     
       Advantage Builder Series IV w/NLG    Preferred Non-Tobacco
          

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LIFE INSURANCE FOR SENIORS OVER 70

May 27, 2011 Impaired Risk Life Insurance, Life Insurance 101, Life Insurance Products, Life Insurance Quotes, Life Insurance Rates, No Exam Life Insurance, Senior Life Insurance, final expense

Age is one of the elements that impacts the cost of life insurance. Everything else being equal, the older you are, the more expensive the policy will be. Consequently, the longer you wait to get life insurance the more expensive it will be.  Even if you have waited this long to get life insurance, the good news is that it is still possible to get life insurance protection. First, you always can decide on a fully underwritten policy, which in many cases will be the least costly, and submit yourself to a medical exam. With the results of a medical exam the insurance company will have a better understanding of your health situation and thus be able to offer you the best possible premium based on your medical exam results. Or, for whatever reason, you may opt for a no-medical exam policy. What is important to know is  that, depending on your health situation, you could still get life insurance even if you are 70, or even above 70 years of age. One possible answer is SIMPLIFIED ISSUE LIFE INSURANCE, which are whole life policies that do not require a medical exam but for the applicant to simply answer a few health questions.   Your answers to these health questions will determine whether or not you qualify for a SIMPLIFIED ISSUE LIFE INSURANCE policy. After the death of a loved one, many families are faced with unexpected expenses, including medical bills, funeral expenses, legal fees and unpaid bills.  There are a handful, or so, of life insurance companies that offer SIMPLIFIED ISSUE LIFE INSURANCE, which provide the funds to help the family with these expenses, if there are not enough resource in your estate.

If you qualify, you can have immediate protection or graded protection. On a typical policy, and as long as the required premium is paid on a timely basis, the insurance company cannot cancel the policy, cannot reduce your benefits and cannot increase your premium, regardless of the level of benefit approved. Immediate protection means exactly what it says, namely, the entire benefit is paid on day one if the insured dies.  But, what if you do not qualify for immediate protection? For most individuals who do not qualify for immediate coverage, there is an alternative. You may qualify for a policy that provides GRADED BENEFITS. Under GRADED BENEFIT the policy will pay a fraction of the death benefit if the insured dies within the first year from the policy issue date (for instance, return of premium plus 5%); a greater fraction of the death benefit is paid if the insured dies on the second year of the policy(for instance, the greater of return of premium plus 10%, or 50% of the face amount); and, then, on year 3 and thereafter, 100% of the death benefit is paid. There are other variations of this formula, but not too different.

How do you know if you qualify for  LEVEL (immediate) BENEFIT, or for GRADED BENEFIT? A typical SIMPLIFIED ISSUE LIFE INSURANCE policy contains a one-page (usually) questionnaire with health-related questions. It has either two parts of three parts. If you answer “NO” to any of the questions on the first part you will not qualify for any benefits under the policy. As an example of what the questions in part one are:

  • Do you use a wheelchair, other than for a temporary impairment expected to last less than 2 months?
  • Do you receive assistance with daily activities such as taking medications, bathing, dressing, eating or toileting? Home health care or hospice care?
  • In the past 5 years – have you been diagnosed with, or received treatment for an organ or tissue transplant, Alzhemire’s disease, dementia, or amyotrophic lateral sclerosis (ALS)
  • Have you tested positive to HIV, or been diagnosed with having ARC or AIDS caused by the HIV infection, or other sickness or disease derived from such infection?
  • In the last 12 months – have you used oxygen to assist with breathing? Received kidney dialysis?

If you answered “NO” to all of the above (typical) questions (they vary from insurance company to insurance company), then you will move to Part 2 and sometimes Part 3, which will determine if  you are eligible for LEVEL BENEFIT or GRADED BENEFIT.

At present, SIMPLIFIED ISSUE LIFE INSURANCE (sometimes referred to as “final expense insurance“) is issued up to age 85 and in amounts ranging from $2,000 to $75,000.

We hope that this post has been helpful to you.  If you have any questions, would like a life insurance quote, or would like to initiate the process of filing a life insurance application with one of the insurance companies that offer SIMPLIFIED ISSUE LIFE INSURANCE, please, e-mail us at info@insuranceglobe.net , or call us at either of these numbers:

  • 888-950-8376           
  • 786-353-2528
  • 305-807-4780

Thank you!

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