Get protection for your family with reliable life insurance
We (almost) always remember to safeguard the big-ticket stuff — our health, our cars, our homes, our cell phones, and even our pets. But what about securing financial protection for your loved ones after you’re gone? It’s not a topic most of us care to dwell on, but it’s an important one.
When you get a policy through Esurance, it can help cover funeral expenses, your children’s college tuitions, mortgage payments, and more, so that your family doesn’t have to foot the bill during an already rough time.
We partner with other top-notch companies to help you get convenient quotes for free online, tailor your coverage’s and limits to your loved ones’ needs, and ensure you’re getting the best bang for your buck.
Types of life insurance
Term life insurance is the most common type of policy, and is a great option for young families who prefer to pay less for coverage. These policies, while still being affordable and flexible, are designed to help ensure that your loved ones will be financially protected should unexpected death occur.
You can choose your policy term (typically 1 to 30 years) to match your needs. And for healthy, non-smoking adults, rates are very affordable. Payments are fixed and will not increase over the life of the policy term, and you can customize your policy by adding extra coverage.
On the other hand, term life insurance only insures you for the stated policy term. That means if you pass away a year after your term expires, no payments will be made. Your policy also doesn’t accrue any cash value, unlike other types of coverage.
Some policies, however, will let you convert your term life policy into a universal or whole life policy. These types of policies usually have longer terms and more perks, but generally come with higher premiums. Check to see what your options are when you get a quote.
Price is always an important factor when it comes to making a purchase. After all, nobody wants to overpay for something like insurance. But make sure you’re not settling for mediocre coverage just to pinch pennies.
When evaluating term life policies, we suggest comparing the types of coverage’s and their limits when you get your free life insurance quote. For whole life or universal life policies, you’ll also want to compare the investment options and cash returns available on each policy.