"Shopping for long term care insurance is like going to the dentist. It's not something I like doing, but the alternative could be worse" - a 69 year old client, West Texas
P.O. Box 8204
The Woodlands, Texas 77387
Toll Free 877-315-5967
Office 281-296-8343 info@LongTermCareAmerica.com
Texas License: 1216895
California License: 0C07893
Term Life Insurance
people, term insurance is the best fit because a person can get more
coverage for less money. The disadvantage is that the coverage
only lasts for a certain period of time. Click here to request a quote.
For example, John and Mary have two young children and they both work. If either passed away while the children where young this would create an extreme hardship for the whole family. John and Mary are in great health and they don’t have a lot of money. For less than $25 a month they can each get $500,000 of life insurance that will last for 20 years (until the children are in college).
Advertisements for life insurance often quote rates that are too good to be true. Basically five variables affect the price of term life insurance: Age; gender; health; how much coverage is requested; and for how long does one want the coverage to last? In the above example, a 35 year old male in perfect health insured for $500,000 lasting 20 years was quoted. A 25 year old female in perfect health insured for $50,000 lasting only 10 years would be around $6 a month. A 55 year old male in fair health insured for $1,000,000 for 20 years of coverage would be around $490 a month. So be aware that an advertised life insurance teaser rate is almost never going to fit who you are or what you are looking for. (See the sample quotes below)
How we work: At LongTermCareAmerica.com we will get your age, gender, health information, how much coverage you’d like, and for how long you want the coverage. Then we will quote you with a number of different companies (see the sample quotes below). Click here to request a quote.
Final Expense Life Insurance and/or whole life or permanent insurance
Some families want permanent life insurance so funds will be there at death to pay for anything from burial all the way to estate taxes. Because of the expensive premiums, any kind of permanent life insurance requires extra scrutiny because it often makes more sense to save for these goals instead of buying insurance. That said, some families can afford the premiums and find it easier and more comforting to have a life insurance policy they know will pay tomorrow or in the future if they need it.
Sample Term Life Insurance
- 35 year old female, preferred health, 500k, 20 year term
- 35 year old male, preferred health, 500k, 20 year term
- 55 year old male, fair health, $1,000,000, 20 year term
- 25 year old female, preferred health, 50k, 10 year term