Life Insurance Awareness Month – September 2015
Every September, LifeHappens.org sponsors Life Insurance Awareness Month. As the name suggests, the campaign is aimed at showing consumers, especially parents, the importance of life insurance coverage. With the kids back in school, now is an excellent time to review your life insurance needs and your existing coverage if you already have it. Life insurance offers affordable protection that could save your family from financial devastation if you passed away unexpectedly.
How Would Your Family Cope Financially if You Died?
Many parents who are asked this question say that it would be a matter of months before the household would be financially impacted. Replacing lost income is the most common reason people purchase life insurance. If you are young, raising a family, paying a mortgage and saving for retirement, you have a lot of financial responsibilities. How will those financial responsibilities be handled if you pass away unexpectedly? The fact is that even a small life insurance policy could save your family from financial hardship.
Is Life Insurance Affordable?
Term life insurance rates have steadily been on the decline. In fact, since Life Insurance Awareness Month last year, several companies have announced rate reductions on their term products. Think about the money you spend on smartphones, data plans, lattes and going out to dinner every year. Surely you can find room in your budget for life insurance. Don’t believe that life insurance can fit into your budget? Here are some sample rates to prove it.
Monthly rates for male and female non-smoker applicants in excellent health.
20 Years of coverage
| Male | $250,000 | $500,000 | $1,000,000 |
|---|---|---|---|
| Age 30 | $13.69 | $21.10 | $36.24 |
| Age 35 | $14.13 | $22.23 | $37.99 |
| Age 40 | $18.51 | $30.98 | $53.83 |
| Age 45 | $29.44 | $51.86 | $96.79 |
| Age 50 | $43.44 | $79.58 | $148.93 |
| Female | $250,000 | $500,000 | $1,000,000 |
|---|---|---|---|
| Age 30 | $12.16 | $18.29 | $30.48 |
| Age 35 | $12.80 | $19.42 | $32.57 |
| Age 40 | $15.99 | $26.16 | $45.49 |
| Age 45 | $23.78 | $40.90 | $73.44 |
| Age 50 | $32.79 | $57.76 | $107.22 |
30 Years of coverage
| Male | $250,000 | $500,000 | $1,000,000 |
|---|---|---|---|
| Age 30 | $20.70 | $34.18 | $60.53 |
| Age 35 | $23.38 | $39.24 | $70.03 |
| Age 40 | $30.95 | $53.95 | $103.25 |
| Age 45 | $48.04 | $86.54 | $165.73 |
| Age 50 | $73.59 | $138.60 | $262.85 |
| Female | $250,000 | $500,000 | $1,000,000 |
|---|---|---|---|
| Age 30 | $17.72 | $28.62 | $49.60 |
| Age 35 | $19.82 | $33.37 | $59.12 |
| Age 40 | $25.73 | $44.92 | $81.65 |
| Age 45 | $37.93 | $65.98 | $124.60 |
| Age 50 | $54.60 | $101.38 | $175.35 |
Rates are from several companies that we can access for our clients.
Can I get Life Insurance if I Have Health Issues?
Life insurance underwriting has come a long way. Did you know that you can get ‘Preferred Best’ rates if you’re using medication to control your blood pressure and cholesterol with some companies? Other more moderate health issues such as type 2 diabetes, sleep apnea and anxiety disorders can qualify for “standard’ or better rates in some cases. You need to work with an independent agency, like ours, that knows which companies are the best at underwriting certain health issues. Click to see how we get our clients with health issues the best rates.
Is it Easy to Apply for Life Insurance?
Applying for life insurance has never been easier. Simply use our quoting tool to shop rates from over 40 of the top life insurance companies in the industry. Unlike other sites, we do not require your contact information to view quotes. Select the insurance company of your choice and click the ‘Request Application’ tab. Fill out your contact information and we will contact you to start the application process. Not only can we take your application by phone, but we use E-signature technology with most companies so that your application can be signed online. We will then schedule a paramedical exam, if necessary, at a time that is convenient for you. Once your exam is complete, the life insurance company will review your information and issue your policy. You accept or decline coverage. It’s that easy.
Life Insurance Awareness Month’s Celebrity Spokesperson
This year’s celebrity spokesperson is actor Anthony Anderson from the hit television show Blackish. Read more about Anthony’s story. Life Insurance Awareness Month-September 2015
Now is the Time to Protect your Family
Life insurance rates are more affordable than ever and the process for getting coverage has never been easier. If you do not have life insurance, now is the time to purchase coverage so that your loved ones are protected. If you currently have life insurance coverage, it is a good time to review your existing coverage to make sure you have the right plan in place. Let us shop over 40 of the top companies for you and find you the best fit for your needs. If you have health issues, we can help. We know which companies offer the best rates for specific health impairments. Call us today at 888-687-9444 for a free consultation and let us show you how to save money on your life insurance coverage.
About Us
Archstone Insurance Services, LLC is an independent agency that shops over 40 of the top life insurance carriers to provide huge savings on life insurance coverage for our clients. We are happy to answer any questions you might have about any of the insurance products we offer, your planning needs or your existing coverage. Feel free to call us directly at (888) 687-9444 or email us at info@archstoneagency.com.
