We use a third party database of 160 life insurance companies to rank in terms of lowest term life insurance rates. Term life insurance rates have been dropping steadily in response to increased competition. Term life insurance is a commodity, and improved access to insurance information, such as at this Web site, are making it even more so. This Web site also offers you the opportunity to obtain life quotes from independent life insurance agents. They recognize that term life insurance is a commodity, and they work to get the best rate for the consumer.
Insurance Paying for life insurance is painful, but few can do without it.
The key is to buy life insurance only for losses, such as your income, that you or your family can not replace. Avoid narrowly defined life insurance policies that only cover specific loss of life, such as accidents, plane crashes or cancer. You're better off with insurance for any loss of life for a small increase in premium. Don't skimp on life insurance. But remember that people with no dependents may not need life insurance at all.