Welcome to LifeInsurancebyRussell.com!
What is Life Insurance?
Do not feel embarrassed if you are new to life insurance. You are not alone. We are here to help you understand the basics of life insurance, why you need it and how to get it.
Life insurance represents a service offered by an insurance company to its clients. All the terms and payments are
stated in a signed contract. Basically, you buy financial protection for all the people that you selected as direct beneficiaries.
To keep the policy active, the insured has to periodically pay premiums. When the insured dies, or in any other mentioned cases, the beneficiaries receive money as financial compensation. The insured can also be direct beneficiary if he/she gets sick or injured, but only if this optioned is mentioned in the contract. Read carefully the contract and try to totally understand it.
What types of policies do we have on the insurance market?
The most common and most appreciated policies are:
- No Medical Exam Life Insurance
- Whole Life Insurance
- Term Life Insurance
- Universal Life insurance
- Final Expense Life Insurance
Term Life Insurance is a very affordable type of life insurance and it becomes very effective for short coverage periods. It is an excellent choice for those that need protection in their working years.
Whole Life Insurance and Universal Life insurance are two policies that grant permanent protection. The main purpose is to provide income replacement upon the death of the insured.
No Medical Exam Life insurance is a special type of insurance, recommended for those that have a higher mortality risk. People that apply for this type of insurance are either too old or too sick to be covered by the traditional policies.
Final Expense Life Insurance is a very cheap policy and it helps your family pay all the burial costs for your burial. It can be purchased as a standalone policy or included as a rider in an already owned policy.
Save time and money!
Acquiring life insurance is one of the most difficult tasks. The whole process is puzzling and requires you to remain focused and give clear answer to numerous questionnaires. We want to help you, by providing relevant quotes for your needs and preferences. Our online forms will help you accommodate with the questions usually asked by
insurers. It is the best next thing similar to a real face to face negotiation.
Time is money and we provide the fastest way to compare the insurance market. You no longer need to visit insurance companies and risk missing good investment opportunities. Life insurance is not just a simple service, it is an investment and like any other form of investment you must spot the best opportunities.
Our quotes will help you compare prices and make and educated choice. Economy is very important for every family. Do not waste money!
Other types of insurance!
We can help you get numerous other types of insurance:
- Auto Insurance
- Burial Insurance
- Commercial Auto Insurance
- Condominium Insurance
- Disability Insurance
- Flood Insurance
- Health Insurance
- Home Insurance
- Group Insurance
- Homeowners Insurance
- Liability Insurance
- Medicare Insurance
- Motorcycle Insurance
- Baby Insurance
- Pet Insurance
- Private Mortgage Insurance
- Renters Insurance
- Title Insurance
- Travel Insurance
- Umbrella Insurance
- Workers Compensation Insurance