Are you over the age of 60 and wondering if you can purchase life insurance?

Many people believe just because they are retired, or over 55 they may be unable to qualify for, or purchase affordable life insurance protection.

Now it's quicker and easier than ever before for people over the age of 60 to shop and compare plans for life insurance.

And, you don't have to meet with an agent in order to compare life insurance quotes and companies.

Now you can shop online over the internet and request free quote comparisons side-by-side from several highly rated life insurers without any hassles, delays, or having to sit down with an insurance agent.

Please visit this article on Life Insurance for People Over 60 to learn more, and to request your free life insurance quotes.

If you're shopping for life insurance you may be wondering if life insurance proceeds are taxable?

Actually, if you name an individual as a beneficiary to your life insurance policy, that person would receive the proceeds from your lfie insurance policy free from any federal income tax.

One of the best types of life insurance to consider is term life insurance because it provides the most life insurance at the lowest price for up to 30 years.

Learn more about Life Insurance Tax and how they apply to your life insurance policy.

What is term life insurance and how long does it last?

Term life insurance is life insurance that provides temporary coverage for a specific period of time.

That means your life insurance coverage lasts for the term of your policy.

When purchasing term life coverage you choose the term of your policy - 10, 15, 20, or 30 years. This is the length of time your life insurance is "In Force" if you continue to pay your life insurance premiums.

If you outlive the term of your policy, your life insurance coverage ends.

Term life insurance is the most popular form of life insurance because it offers the lowest rates.

Shop and compare life insurance quotes online from top-rated insurers with no obligation to find the best prices from quality carriers.

Are you interested in learning about the incontestable period for life isnurance?

What is incontestable period and how does it work?

The incontestable period usually lasts for two years when applied to life insurance.

What is it? The incontestable clause in a life insurance policy states that after a policy has been "In Force" for two years, the life insurance company cannot void it because of misrepresentation of concealment by the insured in obtaining the policy.

Basically, if you lied on your life insurance application, your policy cannot be voided as a result; however, the premium may be adjusted if you lied about your age, or smoking, etc.

Learn more about life insurance terms online here.

Are you looking for mortgage insurance protection to pay off your mortgage in case you pass away?

If so, you have a few choices when it comes to requesting and comparing mortgage insurance quotes:

1. Contact a local insurance agent in your area.

2. Get a recommendation of an agent from famil and friends.

3. Visit mortgage life insurance quote providers on the internet to request quotes for coverage.

When comparing your quotes make sure you review the terms, exclusions, and conditions of your coverage before buying a policy.

Also, find out if your life insurance rates and coverage ar guaranteed to remain level (the same) for the entire term (period) of your policy.

Finally, review the financial rating of the companies which should be provided with your quotes.

Here's how to compare mortgage insurance quotes and find affordable protection for your home, and your family.

If you are shopping for life insurance one of the most important things to consider is how much life insurance you need to protect your family.

The right amount of life insurance depends on your personal situation and finances, as well as, your goals.

Some insurance companies and experts recommend 10 times your annual salary.

That way your beneficiary could invest the life insurance proceeds and live off of the return on your investment. That used to be one approach to life insurance planning.

Today, there are life insurance needs calculators available online that offer you the chance to answer some basic questions about your money and finances, and get an instant, accurate estimate of your family's life insurance needs.

By finding out how much life insurance you really need you get the amount of protection your family deserves, while not paying for more than is necessary.

Here's a life insurance needs calculator to help you determine how much life insurance is right for you.

Actually, term life insurance is the most affordable type of life insurance.

Depending on your age and health, term life rates can be as much as 2-3 times cheaper than permanent life insurance rates.

Why is term life less expensive than whole life insurance?

Because, term life provides temporary coverage for up to 30 years; whereas, permanent life insurance provides lifetime coverage as long as you pay your premiums.

Many people choose term life insurance to provide affordable protection for short term needs, such as, mortgage, kids college, or other temporary life insurance needs.

Here's how to request free term life insurance quotes online from top-rated companies.

What are life insurance premiums and how do they work?

If you are shopping for life insurance you may have requested rate quotes to compare prices for your life insurance.

Life insurance premiums are the amount you pay for your life insurance policy.

Premium payment options are usually available for monthly, quarterly, semi-annual, or annual payments.

How are premiums determined?

Life insurance companies use a number of factors to decide how much to charge you for coverage.

Among the most common factors used for developing your life insurance premiums are:

1. Age
2. Gender
3. Health
4. Family Health History
5. Occupation
6. Hobbies
7. Height-to-Weight Ratio
8. Type and Amount of Life Insurance requested
9. Smoker or Non-Smoker

Your answers to these questions, as well as, your medical examination, blood and urine test results help to determine your final premiums for your life insurance policy.

To learn more you can review this helpful article explaining life insurance premiums.

Is term life insurance better than permanent life insurance?

If you are considering the purchase of life insurance you may be trying to choose between term and permanent coverage.

Which one is right for you? That depends on your goal for your life insurance, and what your needs are.

Term life insurance provides temporary coverage for 1-30 years, and builds no cash value. If you outlive the policy term your life insurance ends.

Permanent life insurance offers lifetime coverage as long as you pay your premiums. It builds cash value inside the policy.

However, permanent life insurance may cost as much as 2-3 times than term life insurance.

So, if you are on a budget and need life insurance for 30 years or less, term life may be an option to consider.

To learn more please read this article explaining Term Life Insurance vs Permanent Life Insurance

Are you considering buying Globe Life Insurance?

If so, you may be wondering who is Globe Life and what life insurance do they offer?

Actually Globe Life and Accident Insurance Company has been around since 1951 and they insure more than 2.5 million lives in the U.S.

Globe Life is rated "A+" Superior for financial strength by AM Best Company.

What type of life insurance does Globe Life offer? Globe Life offers adults up to $30,000 of simplified life insurance for people age 78 and under.

There's no medical exam required to qualify for life insurance form Globe Life. You answer some health questions and your answers determine if you are accepted for coverage.

Globe Life also provides a 30 day money-back guarantee in case you are not happy with your policy.

And, you can even start your life insurance policy for just $1 for the first month of coverage.

Learn more about Globe Life Insurance and see if it's right for you and your family.