5 Good Reasons to Buy Term Life Insurance
If you don’t think you’re ready, here are five good reasons to buy term life insurance right now: 1) it saves money, 2) it saves time, 3) it’s secure, 4) term life insurance is a great value, and 5) buying term life insurance online is convenient. Start comparing life insurance quotes for free and find a policy today with our free quote comparison tool below.
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UPDATED: Mar 30, 2021
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Life insurance continues to be a valuable financial tool for many Americans. A new report by the Medical Information Bureau (MIB) shows that individual applications for coverage increased 1.4 percent in 2012. The MIB Life Index is commonly used to determine life insurance application activity in the U.S. It is based on the number of MIB checks life insurance companies perform when underwriting new applications for coverage.
Term Life Insurance = Value
Despite increased premiums by many companies in the past few years, don’t wait too long to buy term life because it represents the best value in life insurance. Simply put, it provides the ‘best bang for your buck’ as I always say. Actually, I hardly ever say that. But I agree with it!