HOMEPAGE

• Our goal is to help you find the most competitive prices from a select number of highly rated and respected life insurance carriers. We only provide quotes form the best rated insurance carriers. The system ranks your quotes in order of lowest overall cost based on premiums paid over time.
  
  COMPANY NAME gives you the best term life insurance for your needs, at the lowest price available, in one very easy step. Go ahead…
  
  Find out what your life insurance should really cost, CLICK HERE for a FREE instant quote.
  
  Back to Templates

ABOUT US

• Use our online, real-time system to search for the most competitive term life insurance from over 100 companies. The system ranks your quotes in order of lowest overall cost based on premiums paid over time.
  
  
  Our goal is to provide the best customer value. We believe value means providing low-cost, high quality products from top-rated carriers. It also means providing information to get straight-forward, accurate quotes.
  
  Back to Templates

DEFINITIONS

• Beneficiary
  The person(s) named in the policy to receive the life insurance proceeds upon the death of the insured.
• Cash (Surrender) Value
  The amount that is available in cash for loans and that may be available for withdrawals. Accessing Cash Surrender Value may reduce the death benefit and may increase the risk of lapse.
• Convertible Term Insurance
  Term insurance which can be exchanged (converted), at the option of the policyowner and without evidence of insurability, for a permanent insurance policy.
• Dividend
  A return of part of the premium on participating insurance that is based on the insurer's investment, mortality, and expense experience. Dividends are not guaranteed.
• Face Amount
  The amount stated on the face of the policy that will be paid in case of death. It does not include additional amounts payable under accidental death or other special provisions, or acquired through the application of policy dividends.
• Insurability
  Acceptability to the company of an applicant for insurance.
• Insured or Insured Life
  The person on whose life the policy is issued.
• Level Premium (Life Insurance)
  Life insurance for which the premium remains the same from year to year. The premium is normally more than the actual cost of protection during the earlier years of the policy and less than the actual cost in the later years. The building of a reserve is a natural result of level premiums. The payments in the early years, together with the interest that is to be earned, serves to balance out the underpayment of the later years.
• Loan (Policy Loan)
  A loan made by a life insurance company from its general funds to a policyowner on the security of the cash value of a policy.
• Paid-up Insurance
  Insurance that will remain in force with no need to pay additional premiums.
• Participating Policy
  A life insurance policy that is eligible for the payment of dividends by the insurer (see also Dividend.)
• Permanent (Life Insurance)
  Any form of life insurance except term; generally insurance that builds up a cash value, such as whole life.
• Policyowner
  The person who owns a life insurance policy. This is usually the insured person, but it may also be a relative of the insured, a partnership or a corporation.
• Premiums
  Payments to the insurance company to buy a policy and to keep it in force.
• Renewable Term Insurance
  Term insurance which can be renewed at the end of the term, at the option of the policyowner and without evidence of insurability, for a limited number of successive terms. The rates generally increase at each renewal as the age of the insured increases.
• Term Insurance
  Life insurance that does not build up cash value and where the premium normally increases as the insured gets older.
• Universal Life Insurance
  A flexible premium life insurance policy under which the policyowner may change the death benefit from time to time (with satisfactory evidence of insurability for increases) and vary the amount or timing of premium payments. Premiums (less expense charges) are credited to a policy account from which mortality charges are deducted and to which interest is credited at rates which may change from time to time.
• Whole Life Insurance
  A basic type of permanent life insurance which can provide lifetime protection at a level premium. Premiums must generally be paid for as long as the policy is in force.
  
  Back to Templates