With technology permeating every part of life, people want instant solutions and answers to all their questions. No one wants to wait around or spend time talking to people in order to get answers. With an Internet connection and an ordinary PC, you can now get instant term life insurance quotes at home or office. Just visit the website of a popular search engine and you can get multiple websites that will offer you insurance quotes. Using these sites helps in evaluating and selecting the right insurance policy that much easier.

Most instant term life insurance quotes require the applicant to answer a standard questionnaire that will provide the insurance provider with information regarding the age, address, medical history and such. Using this information, you will receive a quote with an approximate cost and other terms and conditions. It is extremely important that you answer the questionnaire truthfully so that the insurance company can underwrite the suitable coverage that you will suit your needs.

Take into consideration the following points when looking online for instant term life insurance quotes:
– Get complete information on the insurance company that will be underwriting your policy
– The insurance company’s financial rating
– The terms and conditions they offer to ensure smooth payout to beneficiaries
– The different policies that the company offers
– If all the policies require a health exam
– Is there a money back guarantee on the policy

In order to make an informed decision on the best company and policy to select, each applicant must be clear on the above points. Knowing the answer to these points will allow applicants to select the company with the best life insurance rates that they can afford. A money back guarantee allows the applicant to have a take an insurance policy for a limited period. After this, if you do not wish to go ahead with the policy you can get your entire money refunded. This is a very attractive option to those who are confused about the many insurance policies available in the market and do not know which to choose.

Purchasing life insurance online is the same as going through an agent with some added advantages. It is quicker, you can get much better life insurance rates by comparing different policies of different companies and you need not listen to endless sales talk from different insurance agents trying to sell their particular policies or spend hours visiting different insurance companies and getting information about their policies.

Term life insurance has two broad categories – level premium term and yearly renewable term. Life insurance rates will vary depending on which category you choose. Under each category, there could be many variations offered by different insurance companies. Most people are attracted by low life insurance rates and making online comparisons is one way to find the company with the lowest rate. However, make sure you read the terms and conditions carefully for low rate does not equal the best policy.

Another advantage of getting online quotes is that you can get individualized quotes depending on your particular medical history. This can help people match their health profile with the best life insurance policy. Those with unhealthy lifestyles like smoking or drinking will attract higher life insurance rates. So, change your lifestyle by stopping smoking and drinking if low rates are your main criteria when choosing a life insurance policy. The three main categories of life insurance rate plans are – preferred, preferred plus and standard.

Those who wish to qualify for the first two categories need to undergo a medical test that will include cholesterol and blood pressure tests among others. If they pass these tests with flying colors, then they can get the preferred rate. Those who do not have any history of drinking, smoking or drug problems and with excellent health can qualify for the preferred plus rate. Those with a few health problems will qualify for the standard rate which could be higher than the first two. There are some companies which offer those with medical problems or poor lifestyle and who do not wish to go through a medical test the option of taking a ‘no exam’ policy. While this policy can simplify the eligibility process for an insurance policy, it will also attract much higher rates than a policy which requires a medical test.

Author Bio: Article by David Livingston of EQuote.com, a website with the best cheap life insurance rates and instant term life insurance quotes information in the country.

Category: Finances
Keywords: affordable life insurance, instant term life insurance