Need the cheapest term insurance for someone 55 years old?

Question

I would like to buy a $100,000 term life insurance policy. I am 55 years old. Anyone know about how much this would cost me and the best company to buy from?

Answer 1

My advise would be to consult a broker who would be able to give you a few quotes and they would know which companies have the best term insurance for people over 50:http://ezinearticles.com/?Life-Insurance...

Read this article  and you can visit the site below for more information.

Answer 2

The least expensive one from life insurance policies is term life insurance policies. This is due to the life coverage which you get only when you purchase a term life insurance policy. In case of other policies like a whole life insurance a person also has to purchase an investment component. These investments are also called as retirement saving by many whole life insurance policies.

Answer 3

Try to have as much information as you could perhaps is one of the options,however it is labor consuming,here is the place i have ever had good experience with.http://insurance.online-frees.info/insur...

Answer 4

You'd need to provide a bit more info. Like health, height, weight, driving history, occupation, and avocations. All these are considered in a policy. Try an independant agent that reps from several companies and choose the one that fits your criteria the best.

Answer 5

Try the quote engine on my site.  It requires no personal information to use....

http://insurancepickle.com/life-insuranc...

Assuming great health and a 20 year policy about $350-$400/year

Answer 6

Because underwriting practices can have a huge impact on term life insurance rates you will notice that rates will vary from company to company as you begin to receive quotes.

I would suggest using some free on line quoting services to get as many quotes as possible and also I would suggest reading http://mysite.verizon.net/ressg6c7/artic... this is a one page article that explains how to find the best rates for all common types of insurance including term life insurance.