Receive one-on-one help from the owner
Find affordable term insurance when you pilot
Term life insurance is more affordable
Find term life insurance that fits your business
Insurance Informaiton By States
Not all companies charge the highest term rates
Find better rates for when you smoke cigars
Nicotine users can find better rates
Occasional pipe smokers can save on term life
Good doctors' reports make for better rates
Being in remission means affordable rates
Following doctors' orders improves rates
Find the lowest rates
More years cancer free means lower rates
Find term insurance after a heart attack
Protect your family after a heart bypass
Find the best possible term life rates
With medical control, rates drop
Find a FEGLI alternative for less
Term insurance maxes your pension
Selling your policy to pay expenses
Leave loved ones financially secure
Pays out when first partner dies
When partners don't need money
Jim O'Connor is an independent life insurance agent with more than 27 years experience helping people secure the best rates on term life insurance available. Read more...
Affordable term life insurance is purchased for a certain time period, 10 years, 20 years, 30 years, etc. The term insurance premium is paid over the time covered. During the term of your life insurance policy, if you die, your beneficiaries will receive the face value of the policy. If your term life insurance policy ends or terms out, meaning for example you've hit year 21 of the 20-year level, you may keep the term life insurance policy but not at the same rate.
By term insurance contract when the 20th year ends, so does the guaranteed 20-year level premium. So you may keep the term life insurance in year 21 but the term insurance rate will go up five to 10 times the original premium. Most people will not pay the term life insurance premium. The term insurance policy will lapse - no harm no foul.
In contrast to term insurance, permanent insurance will cost more but builds up a cash value that can be borrowed against or used for retirement. With more affordable term life insurance rates dropping more than 40 percent in the last 10 years, term insurance is often seen as the best value for older adults and those who have health issues and just buying life insurance. Get your term life insurance quote today by emailing me, or calling at 1.800.799.0903 so you can protect your family tomorrow.
Jim O'Connor, Life Insurance Agent
PO Box 832, Tiburon CA 94920
Tel: 1-800-799-0903 Fax: 415-435-2870 Email: info@term22.com
Copyright 2011 Jim O'Connor, Life Insurance Agent