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Affordable Life Insurance

Compare Carriers Online and Choose the Best Rate for You

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Get Life Insurance in Minutes and Peace of Mind for Life

We all know that life insurance is important to have, but most of us hold out because we aren’t sure where we can find cheap life insurance. While life insurance is important, it’s also essential to find affordable coverage to ensure you can meet monthly expenses. There are different types of life insurance options that we offer:

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    Term Life Insurance

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    Final Expense Insurance

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    Short-Term (One-year) Insurance

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    Universal Life Insurance

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    Whole Life Insurance

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    Permanent Life Insurance

Our life insurance experts can inform you on the best insurance option for you and your family. Not only is it possible for you to find affordable life insurance, but it’s also easy for you to buy life insurance online with Freeway.

Affordable Life Insurance Quotes

If you’re reading this, chances are you want to find cheap life insurance to protect yourself and your family. But what is the real key to getting an affordable life insurance quote?

In some cases, it comes down to what kind of life insurance you choose. For example, whole life insurance may provide coverage for the rest of your life and a guaranteed payout once you die, but you are going to pay a higher monthly premium on it. But term life insurance is often much more affordable, especially if you select this kind of insurance when you are relatively young and healthy. Freeway Insurance is proud to offer affordable term life insurance that you need, and you can save even more money by bundling this policy with your car insurance!

Term life insurance is usually the key to affordable coverage. While term life insurance expires at the end of the term, you can get coverage for up to 30 years. That means you can effectively “lock in” an affordable life insurance rate for the next three decades!

Can I Buy Life Insurance Online?

Did your parents and grandparents have life insurance? If so, you may have seen them visiting with agents in town. While you can still visit your local office to chat with an agent, we have good news: You can browse for life insurance without even leaving the house!

That is because you can get a life insurance quote online at the click of a button. Once you find the policy you like and submit the right information, it only takes a few short minutes to get approved.

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Don’t wait any longer to get the affordable life insurance that you deserve. You don’t even have to change out of your pajamas to get the protection and peace of mind you’ve always dreamed of. By contacting Freeway Insurance for free life insurance quotes from multiple carriers right now, you can have decades of coverage before the end of the day!

Is Life Insurance Affordable?

If you’re still on the fence about life insurance, you are probably focusing on a basic question: “Is life insurance affordable?” The good news is that the short answer to this question is “yes.”

We already covered one way to make life insurance more affordable: by getting term life insurance instead of whole life insurance. But there are other ways that you can lower your bill.

First off, consider getting life insurance sooner rather than later. Generally speaking, life insurance is always cheaper when you are younger and healthier, and term life insurance represents a chance to get a really great rate for a really long time.

Second, consider waiving certain life insurance riders. These riders can help you do useful things like waiving premium payments should you become disabled or providing enhanced coverage for your children. If you are willing to waive the riders, though, you can get much cheaper insurance.

Finally, the single best way to get cheap life insurance is to shop around at different insurance carriers. By getting quotes from a variety of insurance carriers, you boost your chances of getting the most affordable life insurance. And here at Freeway Insurance, we are happy to help you with every stage of the process, including getting the affordable life insurance that you deserve!

Types of Life Insurance Options

By now, you should have an idea that there are different types of life insurance. But what are all the options available to you?

If you want a life insurance policy that will last your entire life, a family can choose from two primary paths:

The two types of permanent life insurance are called whole life insurance and universal life insurance.

  • Whole life insurance allows you to pay more than the premium to create an excess cash value that you can eventually borrow against it. Whole life coverage also has a cash value, but you cannot borrow against it until the maturity date of the policy and most policyholders die before they can reach that maturity date.
  • Universal life policy covers the insurer for the duration of their life as long as they pay premiums and fulfill any other requirements of their policy to maintain coverage.

If you want life insurance for a specific period, you should choose a short term insurance policy.  As with permanent insurance, you have two paths to consider:

  • Term life insurance covers you for a specified length of time but do not ever develop cash value. You can choose short-term periods to include 1, 5, 10, 20, 30 or more years. Term life can be purchased with annual renewals.
  • Final Expense Insurance (also referred to as burial insurance), covers end-of-life expenses including funeral arrangements and any remaining medical or legal expenses that will need to be settled by your beneficiary.

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How Can I Compare Quotes for Life Insurance?

As we noted before, the best way to get cheap life insurance is to shop around for the best possible rate. But if you have never purchased life insurance before, you may not know the best way to compare quotes.

Simply put, you have as many ways of comparing life insurance policies as you have ways of contacting insurance carriers. You can always visit local insurance offices to get quotes or reach them by telephone. However, the single best way to compare policies is to still get quotes online from various carriers. Freeway can do this for you, making us a one-stop-shop for getting a variety of quotes to serve your insurance needs better!

What Is the Average Cost of Life Insurance?

If you have been considering options to protect your family, the bottom line is this: Affordable life insurance is easier to find than you think!

While premiums are likely to rise as you change policies and get older, the average cost of life insurance is only $26 a month. On average, those who buy life insurance do so in their 40s, and they buy 20 years of term life coverage.

Just think: Your own monthly premium may be even lower. But you won’t know until you find the best life insurance company!

Get Affordable Life Insurance Today

Now you know more about what life insurance is and why it is so important. But do you know where you can buy life insurance online?

Here at Freeway Insurance, we are proud to offer competitive life insurance plans at affordable prices. Get started with a quote online or visit us at a local office near you. You can also call us at 800-777-5620 for a quote.

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