How to Shop for Term Life Insurance Online

Determining the term length can seem like guesswork, but it’s easy to narrow down.

If you’re getting term insurance to make sure your loved ones are protected from your debt then get enough to cover the amount of years it will take to pay off the debt.

Example: If you have a mortgage but believe it will be paid off in 10 years then a 30-year term policy would be unnecessary.

Example: If you are getting term insurance to ensure your four-year-old child can go to college, set the term length for 20 years so their education would still be covered if something happened to you.

If you’re getting term life insurance to make sure your family will have a source of income replacement should you die before your children are independent adults, then get enough to cover the amount of years until your youngest is an adult.

Example: You have a 16-year-old, 10-year-old, and 4-year old child. Get a term life insurance policy with a 25-year term so your family has financial protection until all children are through college and have jobs.

Which life insurance company do I apply to?

The right life insurance company will depend on your risk factors. For example, if you take a prescription to treat anxiety, you may pay $50 per month at one company but only $35 per month at a different one.

To get the best price on life insurance, you need to comparison shop. However, applying over and over at different companies is time consuming and unnecessary because Quotacy will do it for you.

Quotacy is a life insurance broker. This means we have contracts with many different life insurance companies and can shop your case to find which company will offer you the best price.

All the life insurance companies we work with are A-rated or better so it doesn’t matter too much which one you end up going with. They are all financially-stable and have excellent financial products.

When you go through Quotacy’s quoting tool, you’ll be shown many different options to choose from. If you’re unsure which to go with, we recommend that you choose the least expensive one. Your agent will double-check behind the scenes that you’re paired with the company that will give you the best offer.

How Do I Get Life Insurance?

Here at Quotacy we make the process of getting life insurance as easy as possible.

We don’t want you to have to give up your first born and a phone number just to get a term insurance quote and we don’t want you to worry that your personal information will be sold to third parties.

Simply enter your zip code, gender, birthdate, and smoking status and we’ll instantly show you an estimate for how much your term insurance policy would cost.

» Compare: Term life insurance quotes

After getting your quote you can play around with our slider features. You can adjust your coverage amount, this is how much your beneficiaries would receive, and also how long you want coverage for. As you adjust these sliders your estimated cost is adjusted right along with you so you know exactly what you’re paying for (no hidden fees here!)

There also is an easy-to-use life insurance needs calculator to help you determine how much coverage you need.

Once you are happy with the value, coverage, and premium you then click Compare Policies where you continue on to get more specific so we have the right information to get you the best coverage possible. It is here where you will enter your height and weight, tobacco usage, heart health, and family history.

After that you will see a list of insurance carrier choices and plan options. We only work with the top rated carriers so you don’t need to worry about poor business practices when it comes to your finances.

Once you select the insurance carrier you’d like to apply with, and complete your online application, your dedicated team of agents and application coordinators at Quotacy will take it from there. We make sure you get the best coverage at the price you deserve and we’ll keep you informed every step of the way in whichever method of communication you prefer whether that be phone calls, texts, or e-mails.

» Learn more: 10 Tips to Ensure You Get the Best Term Life Insurance

No one ever anticipates needing to use life insurance, but the unexpected happens. Be prepared and get a free and anonymous term life insurance quote today.