Secure a life insurance policy with SelectQuote today.
Life insurance isn’t a one plan fits all. At SelectQuote, we simplify the process, allowing you to compare some of the most trusted life insurance carriers in the U.S. in just minutes.
What is life insurance?
In a technical sense, life insurance is a contract between you—the policyholder—and an insurance company. A life insurance policy, however, can provide incomparable peace of mind that your family and loved ones are supported financially if anything were to happen to you. The two most common types of life insurance are term life insurance and permanent life insurance, but the type and amount of life insurance needed varies from person-to-person.
At SelectQuote, we can help you figure out what type and how much life insurance is right for you. We work with some of the nation’s most trusted insurance companies and can provide coverage and cost comparisons in just minutes to help you find the right coverage with the right carrier at the right price for you.
Understanding Life Insurance
A life insurance policy will not only pay for end-of-life expenses, but it will replace lost income for both immediate and future expenses. Many people aim for coverage that’s 10-12 times their income, but our life insurance calculator can help you get a better idea of how much coverage would be right for you.
If you’re questioning why you should buy life insurance, keep in mind that it is an affordable way to protect the people you care about most. A life insurance policy serves as a safety, allowing your family and loved ones to continue living life and paying for important expenses such as the mortgage, college tuition, utilities, and any other daily expenses. With so many options and different types of coverage, we can give you tips for buying life insurance and help you find a policy that meets your needs and gives you peace of mind.
Consider Your Life Insurance Policy Options
While term life insurance is often the most common and affordable choice, there are additional benefits to consider when it comes to the different types of permanent insurance. Learn more about the different types of life insurance and which might be the right fit for you.
Term life is the most affordable type of life insurance. It’s typically a smart, straightforward choice for someone looking for a lower premium. Term life insurance provides added flexibility in that it allows you to choose how long you want to be covered.
People with complex financial situations and/or large estate planning needs often choose this option. It also offers other benefits such as having cash value and can be borrowed against during your lifetime. Whole life insurance can be 6 to 10 times more expensive than term life.
Determine How Much Life Insurance Coverage You Need
How much life insurance coverage you need varies from person-to-person, but it’s always important to consider those who would be dependent on the policy if something were to happen to you. Not only should you think about their immediate needs, but also future needs such as household maintenance, education and more. Our life insurance calculator can help you figure out how much coverage would be good for you and your needs.
Purchase the Right Life Insurance Policy for You
SelectQuote can help you find the right coverage with the right carrier at the right price in just minutes. Not only have we been helping individuals and families shop for insurance for more than 35 years, but some of the life insurance companies we work with are among the most trusted in the U.S. One of the easiest ways to gain peace of mind and protect your loved ones is by having the right life insurance for your needs. Let our team of experienced, licensed insurance agents help.
Find the best life insurance policy for you with SelectQuote.
At SelectQuote, we make buying life insurance from some of the most trusted insurance companies quick, easy and at your convenience. Learn more about getting a free, unbiased quote today.