When it comes to something as important as buying term life insurance coverage, you want to be sure that you’re making the best decision possible. This means getting the right amount of coverage at the best possible price from a top-rated insurance company which can only be accomplished when working with an independent insurance agent who knows how to navigate the terrain of the insurance industry. Experienced independent life insurance agents will be able to guide you through the process, help you find the right policy for your needs, work with underwriters to tell your story, and answer any questions you may have along the way.
How a licensed life insurance agent can help you find the right term life insurance policy?
Term life insurance is a policy that provides financial protection in the event of the premature death of a family breadwinner or business associate to protect the family or business.
The death benefit term provides the money needed that can help ensure that survivors can continue living their life without having to worry about finances.
To find the right term life insurance policy for you, it’s important to work with an agent who understands your needs and can provide you with the best options available.

How life insurance agents can help you determine how much life insurance you need?
The amount of life insurance you need will depend on various factors such as your age, income, assets, and whether or not you have dependents as well as their ages too.
Most experts recommend that you have life insurance coverage that is equal to 10-12 times your annual income. So, if you make $50,000 a year, you would want to have life insurance in the amount of $500,000-$600,000.
However, it’s important to remember that these are just guidelines and that everyone’s situation is different. The more direct question to ask is, “if the insured individual who the policy for does die, what do the beneficiaries want their lives to be like?”
That’s why it’s important to work with an agent who can help you figure out exactly how much life insurance you will want to accomplish that goal.
How an experienced life insurance agent can help you find the right policy from the right company
There are a few different types of term life insurance policies in the marketplace. The most common are:
1. Level term life insurance – This is a policy where the death benefit remains the same for the policy’s life.
2. Return of Premium (ROP) term life insurance – Requiring more premium than level term; this too is a policy where the death benefit remains the same for the policy’s life. However, at the end of the policy’s “term,” the insured will receive all premiums paid back, sometimes with interest, when the insured survives.
3. Decreasing term life insurance – This is a policy where the death benefit decreases over time.
4. Convertible term life insurance – This policy can be converted to a permanent life insurance policy without going through underwriting again.
5. Annual renewable term life insurance – This is a policy whose premium remains the same for one year, expires but can typically be renewed for another term policy without going through underwriting again, but the premiums may increase as the insured will be another year older. These policies are typically only available through an employer or organization’s group insurance plan with a limit on the amount of coverage that may be available.
There are many insurance companies licensed in all 50 states who are selling their insurance products to the public, and their rates can vary widely for the exact same coverages. So you may be wondering:
What term life insurance policy is best for you?
When choosing a term life insurance policy, it’s important to understand these different types and what might be best for you and your family. An experienced agent with your best interest in mind will be able to help you make that decision regardless if they may receive a commission or not.
When choosing a term life insurance policy, it’s also important to consider all of your other financial needs and obligations. For example, if you have other life insurance policies or investments, you’ll want to consider how their funds can fill in the void left if the insured dies. This can save you money. You’ll also want to know if the insurance can be used to cover other risks.
For example, some term life insurance policies can provide income in the event of a disability while others provide lump sum benefit payments if the insured suffers a heart attack, stroke, or develop cancer, EVEN IF THEY DO NOT DIE! These “living benefits” may provide the money that allows a family or business to get through a very difficult time.
Working with an experienced life insurance agent can help determine which policy is best for you and your family. They will take all of these factors into account and help you find a policy that is affordable and fits into your overall financial picture.
How to get a quote for term life and work with an experienced agent when you are ready to buy a policy.
It goes almost without saying that when buying term life insurance, it’s important to get the right coverage at the right price. That’s where experienced insurance agents can help you find the right policy for your needs.
But you may not be ready to talk to an agent just yet, and you are just wondering how much a policy will cost. What you want then is a Life Insurance Quote Tool, and we WANT you to get quotes without hassle!
Decision Tree Financial has an easy-to-use free quote tool that will give you quotes from 35 of the highest-rated life insurance companies in the country that you can use right now and at your leisure by clicking here. As important as it is to work with a knowledgeable agent when you are ready to buy a life insurance policy, we understand you may want to “shop around” and see what is out there without having to worry an agent will call you 100 times if you provide your personal information.
You can play with our life insurance quote tool as much as you like. Actions you can take include changing the amount of death benefit coverage, the type of policy, and even the term length to see how increasing or decreasing the policy duration affects the cost. When you are ready, choose a policy, fill out the information and Viola! You will have started the no-obligation process of buying this important insurance coverage, and a knowledgeable agent will be in touch to help answer your questions and ensure that you are indeed getting the best policy at the lowest cost based on your own unique situation